---
schema_version: "secwatch.filing_event.v1"
accession: "0000915389-24-000130"
form_type: "8-K"
ticker: "EMN"
cik: "0000915389"
company_name: "EASTMAN CHEMICAL CO"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T09:02:08.711331+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Eastman Q1 2024 EPS $1.39; adjusted EPS $1.61; guides FY24 EPS $7.25-$8.00

## Summary
- Revenue $2.31B (-4% YoY); EBIT $263M (+7% YoY); adjusted EBIT $274M.
- Sales volume/mix improved 4% sequentially; inventory destocking largely complete.
- Kingsport methanolysis facility achieved on-spec production; targets ~$75M EBITDA uplift in 2024 vs 2023.
- Selected by DOE for up to $375M investment in second molecular recycling plant in Longview, TX.
- 2024 cash from operations guided to ~$1.4B; returned $95M to shareholders via dividends in Q1.

## SEC filing metadata
- accession: 0000915389-24-000130
- form_type: 8-K
- ticker: EMN
- cik: 0000915389
- company_name: EASTMAN CHEMICAL CO
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/915389/000091538924000130/0000915389-24-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915389/000091538924000130/emn-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915389-24-000130
- JSON: https://secwatch.observer/filing/0000915389-24-000130.json
- Plain text: https://secwatch.observer/filing/0000915389-24-000130.txt

## Key facts
- Earnings Releases
  EASTMAN CHEMICAL CO reported Q1 2024 results: revenue $2,310 million, EPS $1.39.
  - Period: Q1 2024
  - Revenue: $2,310 million
  - EPS: $1.39
  - Result: reported results
  source text: Sales revenue $2,310 $2,412 Earnings before interest and taxes ("EBIT") 263 246 Adjusted EBIT* 274 283 Earnings per diluted share 1.39 1.12 Adjusted earnings per diluted share* 1.61 1.63 Net cash used in operating activities (16) (2)
  evidence_url: https://www.sec.gov/Archives/edgar/data/915389/000091538924000130/0000915389-24-000130-index.htm
- Earnings Releases
  EASTMAN CHEMICAL CO reported full-year 2024 results: EPS $7.25 to $8.00. Guidance reaffirmed.
  - Period: full-year 2024
  - EPS: $7.25 to $8.00
  - Guidance: reaffirmed
  - Result: guidance update
  source text: we continue to expect 2024 EPS to be between $7.25 and $8.00 and for 2024 cash from operations to be approximately $1.4 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/915389/000091538924000130/0000915389-24-000130-index.htm
- Earnings Releases
  EASTMAN CHEMICAL CO reported Q1 2023 results: revenue $2,412 million, EPS $1.12.
  - Period: Q1 2023
  - Revenue: $2,412 million
  - EPS: $1.12
  - Result: reported results
  source text: Sales revenue $2,310 $2,412 Earnings before interest and taxes ("EBIT") 263 246 Adjusted EBIT* 274 283 Earnings per diluted share 1.39 1.12 Adjusted earnings per diluted share* 1.61 1.63 Net cash used in operating activities (16) (2)
  evidence_url: https://www.sec.gov/Archives/edgar/data/915389/000091538924000130/0000915389-24-000130-index.htm

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