Eastman Q4 2021 sales $2.69B, adj EPS $1.81; guides 2022 adj EPS $9.50-$10.00

EASTMAN CHEMICAL CO

2021-FY EPS reported $6.25 revenue$10,476,000,000

Full-year 2021 sales revenue $10.48B (record), adjusted EPS $8.85 (record).
Q4 sales $2.69B (+23% YoY), adjusted EPS $1.81 (+7% YoY).
Operating cash flow $1.62B; $1.4B returned to stockholders via dividends and buybacks.
2022 adj EPS guidance $9.50-$10.00; revenue expected higher than 2021.
Strong specialty growth; innovation-driven model; leadership in circular economy.

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