Eastman Chemical (EMN) Q2 Earnings Top Estimates, Sales Miss
Eastman(EMN) ZACKS·2024-07-26 19:50
Eastman Chemical Company (EMN) recorded a second-quarter 2024 profit of $230 million or $1.94 per share compared with $272 million or $2.27 in the year-ago quarter.Barring one-time items, earnings were $2.15 per share, up from $1.99 in the year-ago quarter. Earnings surpassed the Zacks Consensus Estimate of $1.99.Revenues increased roughly 1.7% year over year to $2,363 million in the quarter. The figure missed the Zacks Consensus Estimate of $2,369.3 million. Sales volume increased slightly, led by durables ...