Eastman Chemical EMN reported its Q2 earnings results on Thursday, July 28, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Eastman Chemical beat estimated earnings by 5.2%, reporting an EPS of $2.83 versus an estimate of $2.69.
Revenue was up $131.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 4.4% drop in the share price the next day.
Here's a look at Eastman Chemical's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 2.11 | 1.87 | 2.46 | 2.30 |
EPS Actual | 2.06 | 1.81 | 2.46 | 2.46 |
Revenue Estimate | 2.50B | 2.39B | 2.60B | 2.40B |
Revenue Actual | 2.71B | 2.69B | 2.72B | 2.65B |
To track all earnings releases for Eastman Chemical visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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