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Eastman Chemical Co  (EMN)
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Eastman Chemical Co

EMN's Financial Statements and Analysis



Eastman Chemical Co reported in III. Quarter net earnings per share of $2.46 a decrease by -4.28 % year on year from $2.57 and an improvement of 21.18 % from $2.03 realized in II. Quarter (Jun 30 2022).


III. Quarter
Earnings Per Share Revenues
$ 2.46 $  2,709 Mill
$-0.11     -4.28 % $-11M     -0.4 %



Eastman Chemical Co's Revenue fell by -0.4 % in III. Quarter (Sep 30 2022) year on year, to $2,709 million and declined by -2.69 % sequentially.


Eastman Chemical Co is Expected to report next financial results on February 23, 2023.

More on EMN's Income Statement





       
  • Additives & Functional Products 31.44% Y/Y,
• Advanced Materials 3.31% Y/Y
   
     
       
  • Adhesives & Plasticizers -12.1% Y/Y,
• Specialty Fluids & Intermediates -10.15% Y/Y,
• Fibers -7.51% Y/Y
   
     


EMN's Segments

Eastman Chemical Co's net income of $301.000 million in III. Quarter decreased by -14.97 % from net earnings of $354.000 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 17.12 % from net income of $257.000 million realized in previous quarter.

More on EMN's Growth

Eastman Chemical Co Income Growth by Division

• Specialty Fluids & Intermediates -46.67% Y/Y,
• Fibers -8.93% Y/Y • Additives & Functional Products 240.54% Y/Y,
• Adhesives & Plasticizers 42.31% Y/Y,
• Advanced Materials 28.95% Y/Y

Inventories grew by 21.17 % to $1,975 million from III. Quarter a year ago, sequentially inventories rose by 8.16 %. EMN's Cash flow In III. Quarter company's net cash flow was $5 million, capital expenditures fell by 33.33%, to $-164 millions compare to same quarter a year ago and fell by 17.99% from II. Quarter (Jun 30 2022).

More on EMN's Cash flow Statement


Eastman Chemical Co payed out dividend of $2.97 per share in last 52 weeks representing 32.89 % of net earning per share in trailing twelve-month period.

During the same period Eastman Chemical Co earned $ 7.75 cash per share, on a free-cash flow basis 85.8 % of net earning per share.