ET. Six analysts have made estimates for Eastman Chemical’s earnings, with the lowest EPS estimate coming in at $0.95 and the highest estimate coming in at $1.20. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. ET, April 26, 2019 to 11:00 a.m. See Table 4A for reconciliation of first-quarter 2019 adjusted earnings to reported earnings. The company expects to approach $1.1 billion of free cash flow (cash from operating activities less net capital expenditures) in 2019. As a globally diverse company, Eastman serves customers in more than 100 countries and had 2018 revenues of approximately $10 billion. During the same quarter in the previous year, the firm posted $1.77 EPS.On average, analysts expect that Eastman Chemical will report full year earnings of $5.89 per share for the current year, with EPS estimates ranging from $5.50 to $6.42. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. I am particularly proud of our employees around the world who are driving growth in new business revenue leveraging our innovation-driven growth model and aggressively managing costs in this challenging economic environment."
See Tables 5A and 5B.Commenting on the outlook for full-year 2019, Costa said: "We delivered strong sequential earnings growth in the first quarter and expect strong sequential earnings growth in the second quarter. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Institutional investors own 79.70% of the company’s stock.Dycom Industries, Inc. (NYSE:DY) Expected to Announce Earnings of $0.69 Per ShareEastman Chemical (NYSE:EMN) last issued its quarterly earnings data on Thursday, April 30th. We are doing a good job of sequentially increasing spreads in specialty products, while also driving new business growth leveraging our innovation-driven growth model.
Brokerages expect that Eastman Chemical (NYSE:EMN) will announce $1.03 earnings per share (EPS) for the current quarter, Zacks reports. Eastman is a global specialty chemical company that produces a broad range of products found in items people use every day. (In millions, except per share amounts) 2Q19 2Q18 Eastman Chemical Company: Eastman Announces Fourth-Quarter and Full-Year 2018 Financial Results KINGSPORT, Tenn., Jan. 31, 2019 - Eastman Chemical Company … Then the smartphone revolution came along, and now it is only professionals and enthusiasts that actually buy any sort of camera at all.The good news about the stock going higher is that this is new and uncharted territory for Eastman Kodak. Actual results could differ materially from expectations and assumptions expressed in the forward-looking statements if one or more of the underlying assumptions or expectations prove to be inaccurate or are unrealized. KINGSPORT, Tenn., Feb. 15, 2018 - The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.56 per share on the company's common stock. The full-year 2019 projected earnings exclude any non-core, unusual or non-recurring items in the remaining nine months of 2019 and assume that the adjusted effective rate detailed in Tables 4A and 4B for the first three months of 2019 will be the actual rate for the full year 2019.