Eastman Chemical Co. (EMN) Tops Q2 EPS by 14c; Guides Q3, FY11 EPS

July 28, 2011 5:10 PM EDT
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Price: $74.07 +0.41%

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Cost of sales: 1.67B

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SVBT, ZEO, OTLK, More
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Eastman Chemical Co. (NYSE: EMN) reported Q2 EPS of $2.76, $0.14 better than the analyst estimate of $2.62. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.81 billion.

Sees Q3 2011 EPS slightly better than $2.22, versus the consensus of $2.35.

Sees FY2011 EPS slightly better than $9.25, versus the consensus of $9.31.


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Earnings, Guidance