secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000915389-22-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastman Q2 adjusted EPS $2.83 (+15% YoY); revenue record $2.78B; reaffirms FY22 adj EPS $9.50-$10.00
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- Revenue $2,784M, up 15% excluding divested rubber additives and adhesives resins; record quarter.
- Adjusted EPS $2.83 (GAAP $2.03) vs $2.46 prior year, +15% YoY.
- Additives & Functional Products revenue +27% led by 20% price increase; Chemical Intermediates +17%.
- Reaffirms FY2022 adjusted EPS guidance $9.50-$10.00; expects operating cash flow ~$1.5B.
- H1 cash from ops $262M vs $642M; returned $948M to shareholders via buybacks/dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000091538922000036/0000915389-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000091538922000036/emn-20220728.htm
  HTML page:      https://secwatch.observer/filing/0000915389-22-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer