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home / news releases / EMN - Eastman Chemical Non-GAAP EPS of $1.99 beats by $0.05 revenue of $2.32B misses by $270M

EMN - Eastman Chemical Non-GAAP EPS of $1.99 beats by $0.05 revenue of $2.32B misses by $270M

Eastman Chemical Company

2023-07-27 16:17:59 ET

  • Eastman Chemical press release ( NYSE: EMN ): Q2 Non-GAAP EPS of $1.99 beats by $0.05 .
  • Revenue of $2.32B (-16.5% Y/Y) misses by $270M .
  • Solid sequential improvement in earnings despite a persistent weak demand environment, driven by disciplined pricing, lower variable costs, and cost saving initiatives
  • Continue to expect to reduce cost structure by more than $200 million, net of inflation

For further details see:

Eastman Chemical Non-GAAP EPS of $1.99 beats by $0.05, revenue of $2.32B misses by $270M
Stock Information
Company Name: Eastman Chemical Company
Stock Symbol: EMN
Market: NYSE
Website: eastman.com
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