Eastman Announces First-Quarter 2019 Financial Results

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Go back to Eastman Announces First-Quarter 2019 Financial Results

Eastman Chemical (EMN) Misses Q1 EPS by 11c

April 25, 2019 5:16 PM EDT

Eastman Chemical (NYSE: EMN) reported Q1 EPS of $1.77, $0.11 worse than the analyst estimate of $1.88. Revenue for the quarter came in at $2.38 billion versus the consensus estimate of $2.59 billion.

2019 Outlook

Commenting on the outlook for full-year 2019, Costa said: "We delivered strong sequential earnings growth in the first quarter and expect strong sequential earnings growth in the second quarter. We are doing a good job of sequentially increasing spreads in specialty products, while also driving new business growth... More