Eastman Announces First-Quarter 2020 Financial Results
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Eastman Chemical (EMN) Tops Q1 EPS by 31c; Withdraws Outlook
April 30, 2020 4:57 PM EDTEastman Chemical (NYSE: EMN) reported Q1 EPS of $2.03, $0.31 better than the analyst estimate of $1.72. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.26 billion.
We delivered strong year-over-year earnings growth and impressive free cash flow, demonstrating the power of our innovation and the discipline of our operational execution, said Mark Costa, Board Chair and CEO. However, the impact of the COVID-19 global pandemic has resulted in... More
