Recap: Eastman Chemical Q2 Earnings

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Eastman Chemical EMN reported its Q2 earnings results on Thursday, July 28, 2022 at 04:30 PM.

Here’s what investors need to know about the announcement.

Eastman Chemical beat estimated earnings by 5.2%, reporting an EPS of $2.83 versus an estimate of $2.69.

Revenue was up $131.00 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 4.4% drop in the share price the next day.

Here’s a look at Eastman Chemical’s past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	2.11	1.87	2.46	2.30
EPS Actual	2.06	1.81	2.46	2.46
Revenue Estimate	2.50B	2.39B	2.60B	2.40B
Revenue Actual	2.71B	2.69B	2.72B	2.65B

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	2.11	1.87	2.46	2.30
EPS Actual	2.06	1.81	2.46	2.46
Revenue Estimate	2.50B	2.39B	2.60B	2.40B
Revenue Actual	2.71B	2.69B	2.72B	2.65B

To track all earnings releases for Eastman Chemical visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.