earnings
confidence high
sentiment positive
materiality 0.85
Eastman Q4 adj EPS $1.87, FY 2024 adj EPS $7.89 (+23% YoY); guides FY 2025 EPS $8.00-$8.75
EASTMAN CHEMICAL CO
2024-FY EPS reported
$7.67
revenue$9,382,000,000
- Adjusted EBIT margin up 350 bps in Q4 and 190 bps for full year 2024, driven by volume/mix growth and operating leverage.
- Advanced Materials EBIT rose on higher volume/mix and price-cost; Fibers EBIT fell on lower acetate tow volumes.
- Cash from operations $1.29B in 2024; returned $679M to shareholders via dividends and buybacks.
- FY 2025 EPS guidance $8.00-$8.75; cash from ops ~$1.3B; circular platform EBITDA growth target $75-$100M.