Eastman Chemical (NYSE:EMN) Announces Quarterly Earnings Results

Eastman Chemical (NYSE:EMN) announced its earnings results on Thursday. The basic materials company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02, FiscalAI reports. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Eastman Chemical had a return on equity of 8.94% and a net margin of 4.62%.The business’s revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.91 earnings per share. Eastman Chemical updated its Q2 2026 guidance to 1.700-1.900 EPS.

Eastman Chemical Trading Up 5.8%

Shares of EMN stock opened at $77.35 on Friday. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.70. Eastman Chemical has a twelve month low of $56.11 and a twelve month high of $84.18. The company’s 50-day moving average price is $72.58 and its 200-day moving average price is $68.00. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.99 and a beta of 1.16.

Eastman Chemical Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Friday, March 13th were given a dividend of $0.84 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.36 annualized dividend and a dividend yield of 4.3%. Eastman Chemical’s payout ratio is presently 82.15%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on EMN shares. Bank of America boosted their price target on Eastman Chemical from $74.00 to $79.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. UBS Group increased their target price on shares of Eastman Chemical from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. upgraded shares of Eastman Chemical from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $70.00 to $80.00 in a research report on Tuesday, April 14th. Citigroup dropped their price objective on shares of Eastman Chemical from $84.00 to $83.00 and set a “buy” rating for the company in a research note on Thursday, April 16th. Finally, KeyCorp reiterated an “overweight” rating on shares of Eastman Chemical in a report on Monday, February 2nd. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $77.27.

Trending Headlines about Eastman Chemical

Here are the key news stories impacting Eastman Chemical this week:

• Positive Sentiment: Q1 EPS beat: Eastman reported $1.09 EPS vs. consensus $1.07, a small upside that helped reassure investors that margins and pricing actions are holding. Eastman Chemical (EMN) Q1 Earnings Surpass Estimates
• Positive Sentiment: Raised Q2 guidance: Management set Q2 2026 EPS guidance of $1.70–$1.90 versus a consensus ~$1.67, signaling confidence in near-term pricing, product mix and Chemical Intermediates strength. This outlook likely drove buying interest. Company Guidance Announcement
• Positive Sentiment: Pricing & portfolio tailwinds: Analysts and the company highlighted pricing actions and strength in Chemical Intermediates as offsetting weaker demand — a thematic driver for sentiment improvement. EMN Q1 Earnings Beat Estimates, Revenues Miss on Lower Y/Y Volume
• Neutral Sentiment: Management commentary and materials available: The full earnings call transcript, slide deck and press release provide additional color on costs, cash flow and segment performance for investors doing deeper due diligence. Eastman Chemical Company (EMN) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Top-line vs. estimates: Revenue was $2.18B vs. ~$2.17B expected — essentially in line, but details by end market matter for investors assessing cyclicality. MarketBeat Q1 Coverage
• Negative Sentiment: Volume and YoY profit decline: Revenue fell ~4.9% YoY and Q1 EPS declined sharply from $1.91 a year ago to $1.09, reflecting weaker volumes and prior-year comparisons — a residual headwind to valuation until growth visibly returns. Eastman Chemical: Q1 Earnings Snapshot

Hedge Funds Weigh In On Eastman Chemical

Several institutional investors and hedge funds have recently bought and sold shares of the company. State Street Corp grew its stake in shares of Eastman Chemical by 24.3% in the 3rd quarter. State Street Corp now owns 5,687,097 shares of the basic materials company’s stock valued at $363,314,000 after buying an additional 1,112,391 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Eastman Chemical by 13.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,597,875 shares of the basic materials company’s stock valued at $293,486,000 after buying an additional 545,219 shares during the period. Bank of America Corp DE lifted its holdings in Eastman Chemical by 6.1% in the second quarter. Bank of America Corp DE now owns 2,476,677 shares of the basic materials company’s stock valued at $184,909,000 after acquiring an additional 143,323 shares during the last quarter. Earnest Partners LLC grew its position in Eastman Chemical by 7.6% in the fourth quarter. Earnest Partners LLC now owns 2,405,649 shares of the basic materials company’s stock worth $153,553,000 after acquiring an additional 170,676 shares during the period. Finally, Sei Investments Co. increased its stake in Eastman Chemical by 10.2% during the third quarter. Sei Investments Co. now owns 966,228 shares of the basic materials company’s stock worth $60,921,000 after acquiring an additional 89,736 shares during the last quarter. 83.65% of the stock is currently owned by institutional investors and hedge funds.

Eastman Chemical Company Profile

Eastman Chemical Company (NYSE: EMN) is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company’s main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.