Eastman Chemical (NYSE:EMN – Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Eastman Chemical 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. Investors may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 8:00 AM ET.
Eastman Chemical (NYSE:EMN – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.82 by $0.15. The company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.40 billion. Eastman Chemical had a return on equity of 9.46% and a net margin of 4.99%. Eastman Chemical’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the company earned $1.60 earnings per share. On average, analysts expect Eastman Chemical to post $6.37 EPS for the current fiscal year and $6.71 EPS for the next fiscal year.
Eastman Chemical Stock Down 0.0%
Eastman Chemical stock opened at $63.50 on Thursday. The stock has a market capitalization of $7.26 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.82 and a beta of 1.06. Eastman Chemical has a 12 month low of $56.11 and a 12 month high of $83.47. The business has a 50 day simple moving average of $67.88 and a 200-day simple moving average of $70.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.50 and a quick ratio of 0.76.
Eastman Chemical Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.84 per share. The ex-dividend date was Tuesday, September 15th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 5.3%. Eastman Chemical’s dividend payout ratio (DPR) is 87.50%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the stock. Barclays started coverage on shares of Eastman Chemical in a research note on Monday, October 12th. They issued an “equal weight” rating and a $72.00 price target on the stock. 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. UBS Group decreased their price objective on shares of Eastman Chemical from $92.00 to $77.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Mizuho decreased their price objective on shares of Eastman Chemical from $85.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, October 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Eastman Chemical in a research report on Thursday, August 13th. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Eastman Chemical presently has a consensus rating of “Hold” and a consensus price target of $74.64.
Check Out Our Latest Stock Analysis on EMN
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.
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