---
schema_version: "secwatch.filing_event.v1"
accession: "0000915389-23-000005"
form_type: "8-K"
ticker: "EMN"
cik: "0000915389"
company_name: "EASTMAN CHEMICAL CO"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:55:45.174773+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eastman Q4 adj. EPS $0.89 vs. $1.81 YoY; guides FY23 adj. EPS growth 5-15% ex. pension

## Summary
- Q4 revenue $2,373M (-12% YoY); GAAP EPS $0.01, adjusted EPS $0.89 (down 51% YoY).
- FY22 revenue $10,580M (+1% YoY); GAAP EPS $6.35, adjusted EPS $7.88 vs. $8.85 in 2021.
- Expects FY23 adjusted EPS growth 5-15% excluding ~$0.75 pension headwind; cost cuts >$200M net of inflation.
- Q4 impacted by destocking, COVID-19 in China, and $20M Winter Storm Elliott; currency headwind ~$0.20.
- FY23 operating cash flow target ~$1.4B; returned ~$1.4B to shareholders in 2022.

## SEC filing metadata
- accession: 0000915389-23-000005
- form_type: 8-K
- ticker: EMN
- cik: 0000915389
- company_name: EASTMAN CHEMICAL CO
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915389/000091538923000005/0000915389-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915389/000091538923000005/emn-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915389-23-000005
- JSON: https://secwatch.observer/filing/0000915389-23-000005.json
- Plain text: https://secwatch.observer/filing/0000915389-23-000005.txt

## Key facts
- Earnings Releases
  EASTMAN CHEMICAL CO reported fourth quarter 2022 results: revenue $2,373, EPS 0.01.
  - Period: fourth quarter 2022
  - Revenue: $2,373
  - EPS: 0.01
  - Result: reported results
  source text: 4Q22 4Q21 FY22 FY21 Sales revenue $2,373 $2,694 $10,580 $10,476 Earnings before interest and taxes ("EBIT") 76 578 1,159 1,281 Adjusted EBIT* 171 336 1,339 1,635 Earnings per diluted share 0.01 2.81 6.35 6.25
  evidence_url: https://www.sec.gov/Archives/edgar/data/915389/000091538923000005/0000915389-23-000005-index.htm
- Earnings Releases
  EASTMAN CHEMICAL CO reported full year 2022 results: revenue $10,580, EPS 6.35.
  - Period: full year 2022
  - Revenue: $10,580
  - EPS: 6.35
  - Result: reported results
  source text: 4Q22 4Q21 FY22 FY21 Sales revenue $2,373 $2,694 $10,580 $10,476 Earnings before interest and taxes ("EBIT") 76 578 1,159 1,281 Adjusted EBIT* 171 336 1,339 1,635 Earnings per diluted share 0.01 2.81 6.35 6.25
  evidence_url: https://www.sec.gov/Archives/edgar/data/915389/000091538923000005/0000915389-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.