earnings
confidence high
sentiment negative
materiality 0.70
Eastman Q1 2026 revenue down 5% to $2.18B, adjusted EPS $1.09 vs $1.91 YoY; Q2 guidance $1.70-$1.90
EASTMAN CHEMICAL CO
2026-Q1 EPS
reported $0.93
vs consensus $1.07
▼ miss
(-13.2%)
- Sales revenue $2,177M (-5% YoY); adjusted EBIT $200M vs $311M; reported EPS $0.93 vs $1.57.
- Implementing ~$500M price increases to offset raw material inflation; cost savings target $125-$150M.
- Q2 2026 adjusted EPS guidance $1.70-$1.90; expects improved volume/mix and substantial spread recovery in Chemical Intermediates.
- Cash used in operations $137M; inventory built for planned Q2 shutdowns; returned $96M via dividends.