---
schema_version: "secwatch.filing_event.v1"
accession: "0000915389-23-000133"
form_type: "8-K"
ticker: "EMN"
cik: "0000915389"
company_name: "EASTMAN CHEMICAL CO"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:54:14.202931+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eastman Q2 adj EPS $1.99, revenue $2.32B down 17% YoY; guides FY23 adj EPS $6.50-$7.00

## Summary
- Revenue $2,324M (-17% YoY); GAAP EPS $2.27, adj EPS $1.99; EBIT $323M, adj EBIT $336M.
- Segments: Advanced Materials -13%, Additives & Functional -19%, Fibers +33%, Chemical Intermediates -33%.
- Operating cash flow $410M vs $245M YoY; returned $144M via dividends and buybacks.
- FY2023 guidance: adj EPS $6.50-$7.00, operating cash flow ~$1.4B; expect >$200M cost reduction.
- Weak demand and customer destocking persist; H2 EPS seen somewhat below H1; auto/aviation modest improvement.

## SEC filing metadata
- accession: 0000915389-23-000133
- form_type: 8-K
- ticker: EMN
- cik: 0000915389
- company_name: EASTMAN CHEMICAL CO
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915389/000091538923000133/0000915389-23-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915389/000091538923000133/emn-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915389-23-000133
- JSON: https://secwatch.observer/filing/0000915389-23-000133.json
- Plain text: https://secwatch.observer/filing/0000915389-23-000133.txt

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