Zacks Research Issues Pessimistic Forecast for EMN Earnings

Eastman Chemical Company (NYSE:EMN) – Investment analysts at Zacks Research reduced their Q2 2025 earnings estimates for Eastman Chemical in a research report issued to clients and investors on Tuesday, June 24th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $1.79 for the quarter, down from their prior estimate of $1.81. The consensus estimate for Eastman Chemical’s current full-year earnings is $8.55 per share. Zacks Research also issued estimates for Eastman Chemical’s Q3 2025 earnings at $1.82 EPS, Q4 2025 earnings at $1.68 EPS, FY2025 earnings at $7.21 EPS, Q2 2026 earnings at $1.86 EPS, Q3 2026 earnings at $2.02 EPS, Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $7.83 EPS and FY2027 earnings at $8.62 EPS.

Eastman Chemical (NYSE:EMN) last posted its quarterly earnings data on Thursday, April 24th. The basic materials company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.02. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.35 billion. Eastman Chemical had a net margin of 9.85% and a return on equity of 16.59%. The firm’s revenue was down .9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.61 earnings per share.

EMN has been the topic of a number of other research reports. The Goldman Sachs Group dropped their price objective on shares of Eastman Chemical from $112.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, April 28th. KeyCorp decreased their target price on shares of Eastman Chemical from $120.00 to $106.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. Citigroup upgraded shares of Eastman Chemical from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $105.00 to $101.00 in a research note on Friday, April 4th. JPMorgan Chase & Co. restated a “neutral” rating and set a $76.00 target price (down previously from $112.00) on shares of Eastman Chemical in a research note on Monday, April 28th. Finally, Royal Bank Of Canada upgraded shares of Eastman Chemical from a “sector perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a research note on Wednesday, April 9th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.54.

Eastman Chemical Stock Performance

EMN opened at $76.23 on Thursday. The company has a current ratio of 1.72, a quick ratio of 0.79 and a debt-to-equity ratio of 0.80. The company has a market cap of $8.80 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 1.77 and a beta of 1.25. The company’s 50 day moving average is $78.57 and its 200 day moving average is $87.22. Eastman Chemical has a 12-month low of $70.90 and a 12-month high of $114.50.

Institutional Investors Weigh In On Eastman Chemical

Institutional investors and hedge funds have recently modified their holdings of the stock. Picton Mahoney Asset Management raised its position in shares of Eastman Chemical by 62.3% during the fourth quarter. Picton Mahoney Asset Management now owns 323 shares of the basic materials company’s stock valued at $29,000 after buying an additional 124 shares during the last quarter. Assetmark Inc. raised its position in shares of Eastman Chemical by 384.4% during the fourth quarter. Assetmark Inc. now owns 373 shares of the basic materials company’s stock valued at $34,000 after buying an additional 296 shares during the last quarter. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Eastman Chemical during the fourth quarter valued at approximately $35,000. National Pension Service increased its position in Eastman Chemical by 75.3% in the first quarter. National Pension Service now owns 433 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 186 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in Eastman Chemical in the fourth quarter worth $43,000. Institutional investors own 83.65% of the company’s stock.

Eastman Chemical Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Friday, June 13th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Friday, June 13th. Eastman Chemical’s payout ratio is currently 42.24%.

Eastman Chemical Company Profile

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids.