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United States

Eastman Chemical Co (EMN)

EMN on New York Consolidated

89.74USD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Eastman Chemical reports Q3 adj earnings $2.19/shr
Thursday, 26 Oct 2017 05:22pm EDT 

Oct 26 (Reuters) - Eastman Chemical Co :Q3 adjusted earnings per share $2.19.Q3 earnings per share $2.22.Eastman Chemical Co - qtrly ‍sales revenue $2,465 million versus $2,287​ million.Q3 earnings per share view $2.03, revenue view $2.35 billion -- Thomson Reuters I/B/E/S.Eastman Chemical Co says ‍expectations for adjusted 2017 EPS growth have improved to be solidly at high end of previously projected range of 10% to 12%.  Full Article

Reg-Eastman reports Q3 earnings $2.22/shr
Thursday, 26 Oct 2017 04:44pm EDT 

Oct 26 (Reuters) - Eastman Chemical Co :Reg-Eastman announces third-quarter 2017 financial results.Q3 adjusted earnings per share $2.19.Q3 earnings per share $2.22.Q3 earnings per share view $2.03 -- Thomson Reuters I/B/E/S.  Full Article

-Eastman Chemical updates full-year 2017 earnings outlook
Monday, 9 Oct 2017 09:15am EDT 

Oct 9 (Reuters) - Eastman Chemical Co :Updates full-year 2017 earnings expectations including preliminary expectations of impact of Kingsport operational incident.Says it expects to be toward high end of earlier projected range of 10-12 percent adjusted eps growth in 2017 excluding impact of Kingsport incident.Says ‍financial impact of recent hurricanes in U.S is expected to be neutral, with varying impacts by segment in 2017​.Says ‍"underlying business conditions in Q3 were strong across company and are expected to continue into Q4​".Says ‍on October 4, 2017, company had an operational incident in Kingsport site's coal gasification operations area​.Says ‍all areas of manufacturing facility at the Kingsport site are returning to normal operations except Coal Gasification Operation​.Says Kingsport incident is preliminarily​ ‍expected to impact operating earnings by between $50 and $100 million, mostly in Q4 2017.Says ‍there were no serious injuries, no impact to human health or environment operational incident in Kingsport site.  Full Article

Eastman Chemical reports qtrly earnings per share $2.00
Thursday, 27 Jul 2017 04:40pm EDT 

July 27 (Reuters) - Eastman Chemical Co :Qtrly adjusted earnings per share $1.98.Qtrly earnings per share $2.00.Eastman Chemical Co qtrly revenue $2.42 billion versus $2.30 billion.Eastman Chemical says its expectations for adjusted 2017 EPS growth have improved to 10-12 percent compared with 2016 versus the previous 8-12 percent.  Full Article

Versum Materials to acquire Dynaloy from Eastman Chemical Company
Tuesday, 11 Jul 2017 04:30pm EDT 

July 11 (Reuters) - Versum Materials Inc :Versum Materials to acquire Dynaloy, a leading cleans solutions supplier for semiconductor advanced packaging.Versum Materials Inc - Deal for approximately $13 million.Versum Materials Inc - Deal expected to be accretive to earnings in first full year of operation.Versum Materials Inc - Deal will be funded from cash on hand.Versum Materials Inc - To acquire Dynaloy from Eastman Chemical Company.  Full Article

Eastman Chemical says to expand performance films capacity
Tuesday, 30 May 2017 02:26pm EDT 

May 30 (Reuters) - Eastman Chemical Co ::Eastman to expand performance films capacity.Eastman Chemical Co says planned expansion of its performance films manufacturing capacity in Martinsville, Virginia.Project is in addition to $40 million investment that was announced in September of 2013​.Expansion will increase capacity for paint protection films, window films to support growth of LLumar and Suntek brands.  Full Article

Omega Advisors ups share stake in New Residential Investment, Eastman Chemical
Monday, 15 May 2017 11:57am EDT 

May 15 (Reuters) - Omega Advisors Inc :Omega Advisors Inc takes share stake of 1.0 million shares in Cliffs Natural Resources inc - sec filing.Omega Advisors Inc cuts share stake in First Data Corp by 5.4 percent to 8.1 million Class A shares .Omega Advisors Inc holds share stake in Paypal Holdings Inc.Omega Advisors Inc dissolves share stake in bluebird bio inc.Omega Advisors Inc takes share stake of 150,000 shares in Lowe's Cos Inc.Omega Advisors takes share stake of 400,000 shares in Weatherford International Plc.Omega Advisors Inc ups share stake in New Residential Investment by 69.9 percent to 1.3 million shares.Omega Advisors Inc ups share stake in Eastman Chemical Co by 8.4 percent to 464,813 shares.Omega Advisors cuts share stake in PVH Corp by 38.1 percent to 395,338 shares.Omega Advisors - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Eastman Chemical says expects 2017 capital spending will be about $575 million
Friday, 5 May 2017 08:49am EDT 

May 5 (Reuters) - Eastman Chemical Co : :Says expects 2017 capital spending will be about $575 million.  Full Article

Eastman Chemical reports qtrly earnings per diluted share $1.89
Thursday, 27 Apr 2017 04:39pm EDT 

April 27 (Reuters) - Eastman Chemical Co :Eastman Chemical Co - qtrly sales revenue $2,303 million versus $2,236 million.Qtrly adjusted earnings per share $1.83.Eastman Chemical Co says continue to expect adjusted eps growth in 2017 to be between 8-12 percent.Qtrly earnings per diluted share $1.89.Q1 earnings per share view $1.75, revenue view $2.26 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $7.30 -- Thomson Reuters I/B/E/S.  Full Article

(OFFICIAL)-BRIEF-Eastman reports Q4 earnings per share $0.79 (Jan 26)
Monday, 27 Feb 2017 03:27pm EST 

In Jan. 26 brief, corrects Q4 earnings per share in third bullet to $0.79 from $0.87.: Eastman announces fourth-quarter and full-year 2016 financial results . Q4 earnings per share $1.51 excluding items . Q4 earnings per share $0.79 .Q4 earnings per share view $1.49 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Reg-Eastman reports Q3 earnings $2.22/shr

* Q3 earnings per share view $2.03 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: