Eastman Chemical (NYSE:EMN) reported its Q4 earnings results on Thursday, January 30, 2025 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Eastman Chemical beat estimated earnings by 19.0%, reporting an EPS of $1.87 versus an estimate of $1.57.
Revenue was up $38.00 million from the same period last year.
Overview of Past Earnings
Last quarter the company beat on EPS by $0.12 which was followed by a 4.0% drop in the share price the next day.
Here's a look at Eastman Chemical's past performance:
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Eastman Chemical management provided guidance for FY 2025, expecting earnings between $8.0 and $8.75 per share.
To track all earnings releases for Eastman Chemical visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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