EMN News

Q1 2020 Eastman Chemical Co Earnings Call

Eastman Chemical (EMN) delivered earnings and revenue surprises of 18.02% and 1.21%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Moody's Investors Service ("Moody's") downgraded Eastman Chemical Company's (Eastman) senior unsecured rating to Baa3 from Baa2 and its rating for commercial paper to Prime-3 from Prime-2. "Additionally, despite additional modest debt reduction, we don't expect leverage to decline to under 3.0x until the end of 2021 at the earliest."

Eastman Chemical (EMN) anticipates first-quarter 2020 earnings per share to rise from the prior-year period.

KINGSPORT, Tenn., May 07, 2020 -- At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders: reelected directors Humberto P. Alfonso, Brett D. Begemann, Mark.

KINGSPORT, Tenn., April 09, 2020 -- Financial Results Release: Thursday, April 30, 2020Approximately 4:30 p.m. Eastern TimeVia wire distribution and www.eastman.com,News.

Weaker demand due to coronavirus might have affected Eastman Chemical's (EMN) sales volumes in the first quarter.

Eastman Chemical (EMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

KINGSPORT, Tenn., May 07, 2020 -- The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.66 per share on the company's.

As part of the world’s collective effort to respond to the coronavirus pandemic, Eastman is donating materials to produce protective lenses and face shields for medical personnel. Eastman donated 600 square feet of material to Purdue University. More than 40 volunteer faculty and staff members are using the school’s laser cutting system to produce up to 3,000 lenses and 4,000 face shields.

Eastman team members around the world are using innovation and their collaborative spirit to help support front line health care workers fighting the COVID-19 pandemic. Eastman, a producer of specialty materials normally found in a broad range of items people use every day, is providing materials to help make critical items needed for medical, health and hygiene products that are in short supply.

Could Eastman Chemical Company (NYSE:EMN) be an attractive dividend share to own for the long haul? Investors are...

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Let's take a look at how these chemical companies are poised ahead of their earnings release.

As part of the world’s collective effort to respond to the coronavirus pandemic, Eastman recently partnered with the Tennessee Higher Education Commission (THEC) and Austin Peay State University to support the local production of 10,000 protective face shields for medical personnel in the state capital of Nashville. The partnership comes after THEC informed Eastman they had used and exhausted all the local supply of acetate sheet – the large, clear plastic shield that attaches to the headband – from local retailers. Together, the goal is to produce 10,000 face shields in two weeks using 3D printers at colleges and universities around the state.

The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals.

KINGSPORT, Tenn., April 30, 2020 -- Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2020 financial results. (In millions, except per share.

Due to the public health impact of COVID-19 and to support the health and well-being of its stockholders, employees, and their families, Eastman Chemical Company (EMN) today announced that it will hold its 2020 Annual Meeting of Stockholders (“Annual Meeting”) in a virtual meeting format only, via webcast, in place of a physical gathering. Stockholders at the close of business on March 16, 2020 are eligible to attend and vote (or have voted by proxy) their shares at the Annual Meeting. For additional information regarding how stockholders may attend, participate in, or vote at the Annual Meeting, please refer to Eastman’s supplemental proxy materials filed today with the U.S. Securities and Exchange Commission.

Eastman Chemical (EMN) benefits from cost control actions and innovation amid a difficult demand environment.

EMN earnings call for the period ending March 31, 2020.