secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000915389-26-000094
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastman Q1 2026 revenue down 5% to $2.18B, adjusted EPS $1.09 vs $1.91 YoY; Q2 guidance $1.70-$1.90
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000091538926000094/0000915389-26-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000091538926000094/emn-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000915389-26-000094

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