Recap: Eastman Chemical Q2 Earnings

Recap: Eastman Chemical Q2 Earnings

Eastman Chemical EMN reported its Q2 earnings results on Thursday, July 28, 2022 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Eastman Chemical beat estimated earnings by 5.2%, reporting an EPS of $2.83 versus an estimate of $2.69.

Revenue was up $131.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 4.4% drop in the share price the next day.

Here's a look at Eastman Chemical's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.11 1.87 2.46 2.30
EPS Actual 2.06 1.81 2.46 2.46
Revenue Estimate 2.50B 2.39B 2.60B 2.40B
Revenue Actual 2.71B 2.69B 2.72B 2.65B

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.11 1.87 2.46 2.30
EPS Actual 2.06 1.81 2.46 2.46
Revenue Estimate 2.50B 2.39B 2.60B 2.40B
Revenue Actual 2.71B 2.69B 2.72B 2.65B

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.

Posted In: BZI-RecapsEarnings