Eastman Chemical earnings beat by $0.02, revenue fell short of estimates

  • Investing.com
Eastman Chemical earnings beat by $0.02, revenue fell short of estimates

Investing.com - Eastman Chemical (NYSE: EMN ) reported third quarter EPS of $1.47, $0.02 better than the analyst estimate of $1.45. Revenue for the quarter came in at $2.27B versus the consensus estimate of $2.3B.

Guidance

Eastman Chemical sees FY 2023 EPS of $6.30-$6.50 versus the analyst consensus of $6.61.

Eastman Chemical's stock price closed at $70.05. It is down -18.93% in the last 3 months and down -7.29% in the last 12 months.

Eastman Chemical saw 0 positive EPS revisions and 16 negative EPS revisions in the last 90 days. See Eastman Chemical's stock price’s past reactions to earnings here.

According to InvestingPro, Eastman Chemical's Financial Health score is "good performance".

Check out Eastman Chemical's recent earnings performance , and Eastman Chemical's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar.

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