---
schema_version: "secwatch.filing_event.v1"
accession: "0000915389-23-000166"
form_type: "8-K"
ticker: "EMN"
cik: "0000915389"
company_name: "EASTMAN CHEMICAL CO"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:27:30.917081+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Eastman Q3 revenue down 16%, adjusted EPS $1.47 vs $2.05; FY EPS guidance $6.30-$6.50

## Summary
- Q3 sales $2,267M (-16% YoY); adjusted diluted EPS $1.47 vs $2.05 prior year.
- Cash from operations $514M on inventory reduction; $94M returned via dividends.
- Fibers sales +29% on higher acetate tow prices; Advanced Materials & Additives & Functional Products sales volume/mix weak.
- FY2023 EPS guidance $6.30-$6.50; operating cash flow approaching $1.4B.
- Kingsport methanolysis facility on track to produce material and realize revenue around year-end.

## SEC filing metadata
- accession: 0000915389-23-000166
- form_type: 8-K
- ticker: EMN
- cik: 0000915389
- company_name: EASTMAN CHEMICAL CO
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915389/000091538923000166/0000915389-23-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915389/000091538923000166/emn-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915389-23-000166
- JSON: https://secwatch.observer/filing/0000915389-23-000166.json
- Plain text: https://secwatch.observer/filing/0000915389-23-000166.txt

## Key facts
- Earnings Releases
  EASTMAN CHEMICAL CO reported financial results for third quarter 2023.
  - Period: third quarter 2023
  - Result: reported results
  source text: On October 26, 2023, the registrant publicly released its financial results for third quarter 2023. The full text of the release is furnished as Exhibit 99.01 to this Current Report on Form 8-K, and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/915389/000091538923000166/0000915389-23-000166-index.htm

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