Eastman Chemical (EMN) to Announce Quarterly Earnings on Thursday

Eastman Chemical (NYSE:EMN) is expected to be releasing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Eastman Chemical to announce earnings of $1.80 per share and revenue of $2.3975 billion for the quarter. Eastman Chemical has set its Q2 2026 guidance at 1.700-1.900 EPS. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 31, 2026 at 8:00 AM ET.

Eastman Chemical (NYSE:EMN) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Eastman Chemical had a return on equity of 8.88% and a net margin of 4.62%.The company’s revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.91 EPS. On average, analysts expect Eastman Chemical to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Eastman Chemical Stock Up 0.6%

Shares of EMN opened at $68.10 on Wednesday. The company’s 50-day moving average price is $70.93 and its 200 day moving average price is $72.17. Eastman Chemical has a 12-month low of $56.11 and a 12-month high of $83.47. The company has a current ratio of 1.47, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73. The firm has a market cap of $7.79 billion, a P/E ratio of 19.74, a price-to-earnings-growth ratio of 0.87 and a beta of 1.07.

Eastman Chemical Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th were given a dividend of $0.84 per share. The ex-dividend date was Monday, June 15th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.9%. Eastman Chemical’s dividend payout ratio (DPR) is currently 97.39%.

Hedge Funds Weigh In On Eastman Chemical

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in shares of Eastman Chemical in the fourth quarter valued at $202,000. Integrated Wealth Concepts LLC grew its stake in Eastman Chemical by 185.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,686 shares of the basic materials company’s stock worth $589,000 after purchasing an additional 4,345 shares in the last quarter. Millennium Management LLC increased its holdings in Eastman Chemical by 69.2% during the 1st quarter. Millennium Management LLC now owns 194,052 shares of the basic materials company’s stock worth $17,098,000 after purchasing an additional 79,376 shares during the period. NewEdge Advisors LLC raised its position in Eastman Chemical by 2.6% in the 1st quarter. NewEdge Advisors LLC now owns 7,310 shares of the basic materials company’s stock valued at $644,000 after purchasing an additional 183 shares in the last quarter. Finally, United Services Automobile Association acquired a new stake in Eastman Chemical in the 1st quarter valued at about $252,000. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Eastman Chemical from $80.00 to $82.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Eastman Chemical in a report on Monday, May 18th. Morgan Stanley cut their target price on Eastman Chemical from $83.00 to $79.00 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. Royal Bank Of Canada upped their price target on Eastman Chemical from $79.00 to $82.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 5th. Finally, Citigroup lowered their price target on Eastman Chemical from $88.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.50.

About Eastman Chemical

Eastman Chemical Company (NYSE: EMN) is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company’s main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.