Eastman Chemical (EMN) Projected to Release Quarterly Earnings on Thursday

Eastman Chemical (NYSE:EMN) will likely be posting its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $1.93 per share and revenue of $2.41 billion for the quarter. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. Parties may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 30, 2026 at 8:00 AM ET.

Eastman Chemical (NYSE:EMN) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.15. Eastman Chemical had a return on equity of 9.46% and a net margin of 4.99%. The business had revenue of $2.51 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the previous year, the company posted $1.60 EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. On average, analysts expect Eastman Chemical to post $6.36 EPS for the current fiscal year and $6.70 EPS for the next fiscal year.

Eastman Chemical Stock Performance

Shares of NYSE:EMN opened at $65.72 on Tuesday. Eastman Chemical has a 12-month low of $56.11 and a 12-month high of $83.47. The company’s 50 day moving average price is $67.42 and its two-hundred day moving average price is $70.94. The firm has a market cap of $7.52 billion, a PE ratio of 17.11, a PEG ratio of 0.84 and a beta of 1.06. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.72.

Eastman Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 15th were given a $0.84 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $3.36 annualized dividend and a dividend yield of 5.1%. Eastman Chemical’s payout ratio is presently 87.50%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $74.00 price objective on shares of Eastman Chemical in a research report on Monday, August 3rd. Royal Bank Of Canada decreased their target price on Eastman Chemical from $74.00 to $65.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 13th. KeyCorp initiated coverage on Eastman Chemical in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Morgan Stanley lowered their target price on Eastman Chemical from $83.00 to $79.00 and set an “overweight” rating for the company in a research note on Thursday, July 2nd. Finally, Barclays assumed coverage on shares of Eastman Chemical in a report on Monday, October 12th. They issued an “equal weight” rating and a $72.00 target price for the company. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $74.64.

Eastman Chemical Company Profile

Eastman Chemical Company (NYSE: EMN) is a global specialty materials and chemicals company that develops and manufactures products used in transportation, building and construction, consumer goods, medical products, packaging, and other industrial applications. Its portfolio includes specialty plastics, coatings, adhesives, fibers, additives, intermediates, and other performance materials.

The company’s products are designed to provide properties such as durability, chemical resistance, lightweight performance, clarity, and enhanced functionality.