earnings
confidence high
sentiment positive
materiality 0.75
Eastman Q2 2026 EPS $1.59 ($1.97 adj) beats prior year; revenue up 10% to $2.51B; guides Q3 adj EPS ~$1.97
EASTMAN CHEMICAL CO
- Q2 adj EPS $1.97 vs $1.60 prior yr; GAAP EPS $1.59 vs $1.20.
- Revenue $2.51B, +10% YoY; EBIT $311M vs $222M.
- Chem Intermediates rev +39% on higher vol/price; Fibers rev -11% on destocking.
- FY 2026 op cash flow ~$900M (modestly below prior view); cost savings $125-150M net of inflation.
- Q3 2026 adj EPS expected to approach Q2 level of $1.97.