secwatch.observer — SEC 8-K summary
======================================

Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000915389-24-000225
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastman Q3 2024: revenue up 9%, adj. EPS $2.26 vs $1.47 YoY; guidance midpoint unchanged
--------------------------------------------------------------------------------

- Sales revenue $2.464B (+9% YoY); EBIT $329M vs $256M; adj. EBIT $366M.
- Adj. diluted EPS $2.26 vs $1.47; reported EPS $1.53 vs $1.49.
- Sales volume/mix up 8% across all segments; Chemical Intermediates revenue +13%.
- Announced investment decision for second methanolysis facility in Longview, Texas.
- FY2024 adj. EPS guidance maintained at $7.50-$7.70; cash from ops target ~$1.3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000091538924000225/0000915389-24-000225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000091538924000225/emn-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000915389-24-000225

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