Steve Crawford
on May 1, 2025, the Company decided to eliminate that position, effective June 2, 2025
Highest-materiality recent filing
Eastman Q1 2026 revenue down 5% to $2.18B, adjusted EPS $1.09 vs $1.91 YoY; Q2 guidance $1.70-$1.90
Sales revenue $2,177M (-5% YoY); adjusted EBIT $200M vs $311M; reported EPS $0.93 vs $1.57.
Eastman Q4 adjusted EPS $0.75 vs $1.87 YoY; guides Q1 $1.00-$1.20
Q4 2025 sales $1,973M (-12% YoY), adjusted EPS $0.75 vs $1.87 YoY.
Eastman Q3 adjusted EPS $1.14 vs $2.26 YoY; guides FY adjusted EPS $5.40-$5.65
Q3 sales revenue $2,202M (-11% YoY); GAAP EPS $0.40; adjusted EPS $1.14 vs $2.26 prior.
Eastman Chemical CEO's retirement effective Dec 31, 2025; Crawford returns as tech leader
Chris M. Killian, SVP - Chief Technology and Sustainability Officer, retiring Dec 31, 2025 for family/health reasons.
Eastman Q2 adjusted EPS $1.60 vs $2.15 YoY; guides Q3 adj. EPS ~$1.25
Revenue $2,287M (-3% YoY); reported EPS $1.20 vs $1.94; adjusted EPS $1.60 vs $2.15.
Eastman Q1 adj EPS $1.91 (+19% YoY); Q2 guidance $1.70-$1.90 amid tariff uncertainty
Adjusted EPS $1.91 vs $1.61 YoY (+19%); reported EPS $1.57 vs $1.39.
Eastman Chemical issues $250M of 5.000% Notes due 2029, net proceeds ~$246.2M
Issued $250M aggregate principal of 5.000% Notes due 2029, forming a single series with $500M notes issued Aug 2024.
Eastman Q4 adj EPS $1.87, FY 2024 adj EPS $7.89 (+23% YoY); guides FY 2025 EPS $8.00-$8.75
Adjusted EBIT margin up 350 bps in Q4 and 190 bps for full year 2024, driven by volume/mix growth and operating leverage.
Eastman projects >$2.1B EBITDA in normalized macro, >$500M additional from circular economy by 2029
Projected >$2.1B EBITDA and ~$1.6B cash from operations in normalized environment before circular initiatives.
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.
Eastman launches $250M tender offer for its 3.800% notes due 2025
Company tenders up to $250M of its 3.800% notes due 2025; early tender deadline Aug 9, 2024.
Eastman Q2 adjusted EPS $2.15 beats $1.99 YoY; revenue up 2%; guides FY24 EPS $7.40-$7.85
Revenue $2,363M (+2% YoY); reported EPS $1.94 vs $2.27; adjusted EPS $2.15 vs $1.99.
Eastman Q1 2024 EPS $1.39; adjusted EPS $1.61; guides FY24 EPS $7.25-$8.00
Revenue $2.31B (-4% YoY); EBIT $263M (+7% YoY); adjusted EBIT $274M.
Eastman Q4 adj EPS $1.31 vs $0.89; FY23 cash ops $1.37B; guides FY24 EPS $7.25-$8.00
Q4 sales $2.207B (-7% YoY); reported EPS $2.61 (incl. Texas City gain), adjusted EPS $1.31 vs $0.89.
Eastman Q3 revenue down 16%, adjusted EPS $1.47 vs $2.05; FY EPS guidance $6.30-$6.50
Q3 sales $2,267M (-16% YoY); adjusted diluted EPS $1.47 vs $2.05 prior year.
Eastman Q2 adj EPS $1.99, revenue $2.32B down 17% YoY; guides FY23 adj EPS $6.50-$7.00
Revenue $2,324M (-17% YoY); GAAP EPS $2.27, adj EPS $1.99; EBIT $323M, adj EBIT $336M.
Eastman Q1 adj. EPS $1.63, rev $2.41B (-11%); guides FY23 growth 5-15%
Revenue $2.41B, down 11% YoY; diluted EPS $1.12 (adj. $1.63) vs $1.80 ($2.06 adj.) last year.
Eastman Q4 adj. EPS $0.89 vs. $1.81 YoY; guides FY23 adj. EPS growth 5-15% ex. pension
Q4 revenue $2,373M (-12% YoY); GAAP EPS $0.01, adjusted EPS $0.89 (down 51% YoY).
Eastman Q3 adj. EPS $2.05, revenue $2.71B; guides Q4 adj. EPS $1.10-$1.40, FY22 adj. EPS $8.05-$8.35
Third-quarter revenue $2,709M flat YoY; excluding divestitures and FX, revenue up 13%.
Eastman cuts Q3 adjusted EPS outlook to ~$2.00 vs prior expectations of growth from $2.46
Adjusted EPS expected ~$2.00, down from $2.46 in Q3 2021; prior guidance was for solid growth.
Eastman Q2 adjusted EPS $2.83 (+15% YoY); revenue record $2.78B; reaffirms FY22 adj EPS $9.50-$10.00
Revenue $2,784M, up 15% excluding divested rubber additives and adhesives resins; record quarter.
Revenue $2,714M (+13% YoY); adjusted diluted EPS $2.06 vs $2.13 prior year.
Eastman Q4 2021 sales $2.69B, adj EPS $1.81; guides 2022 adj EPS $9.50-$10.00
Full-year 2021 sales revenue $10.48B (record), adjusted EPS $8.85 (record).
Eastman Chemical Q3 revenue record at $2.72B; adj. EPS $2.46; raises 2021 guidance to $8.80-$9.00
Q3 sales revenue $2.72B, up 28% YoY; GAAP diluted EPS $2.57; adjusted EPS $2.46 (vs. $1.57 prior year).
on May 1, 2025, the Company decided to eliminate that position, effective June 2, 2025
On May 27, 2024, the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) elected Donald W. Slager as a director to serve until the Company’s 2025 Annual Meeting of Stockholders.
On February 13, 2024, Charles K. Stevens III notified the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) that he would not stand for re-election to the Board upon the completion of his current term, which expires at the Company’s 2024 Annual Meeting of Stockholders.
On December 7, 2023, Edward L. Doheny II notified the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) that he would not stand for re-election to the Board upon the completion of his current term, which expires at the Company’s 2024 Annual Meeting of Stockholders.
On February 3, 2023, the Board of Directors of Eastman Chemical Company (the “Company”) elected Linnie M. Haynesworth as a director to serve until the Company’s 2023 Annual Meeting of Stockholders.
On September 19, 2022, Executive Vice President Lucian Boldea notified Eastman Chemical Company (the “Company”) of his decision to resign his employment with the Company, effective as of September 30, 2022, to pursue other career opportunities.
On August 4, 2022, the Board of Directors of Eastman Chemical Company (the “Company”) elected Eric L. Butler as a director to serve until the Company’s 2023 Annual Meeting of Stockholders.
On November 17, 2021, Vanessa L. Allen Sutherland, a director of Eastman Chemical Company (the “Company”) since January 2021, notified the Board of Directors of her resignation due to her change in employment and the responsibilities and requirements of her new position.
on October 8, 2021 Michelle R. Stewart was appointed Vice President, Corporate Controller and Chief Accounting Officer (principal accounting officer) of Eastman Chemical Company
Vice President, Corporate Controller & Chief Accounting Officer Scott V. King has decided to retire on October 8, 2021.
Mr. King will be succeeded as principal accounting officer by current Assistant Controller Michelle R. Stewart.
Max materiality 0.85 · Median 0.55 · Most common event earnings