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Eastman Chemical Co Raises FY 2013 EPS Guidance-Conference Call

Wednesday, 31 Jul 2013 08:00am EDT 

Eastman Chemical Co announced that in February 2013 , the Company raised its fiscal 2013 EPS expectation to a range of $6.30 to $6.40, a 17% to 19% growth rate over 2012. Now the Company is increasing that guidance again, to $6.40 to $6.50, as it see additional strength in both its Fibers and Specialty Fluids & Intermediate segments, partially offset by continued challenges in Adhesives & Plasticizers. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $6.35 for fiscal 2013. 

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