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Eastman Chemical (EMN)
NYSE:EMN
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.13Last Year’s EPS
1.91Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced clear near-term challenges (weakness in Fibers and Chemical Intermediates, tariff/destocking effects, price pressure, and a $50–$75 million variable compensation headwind) with multiple concrete mitigation and growth actions that are already yielding results: $100 million of cost savings delivered in 2025 and another $125–$150 million targeted; an ETP project that could add $50–$100 million of earnings; rPET/methanolysis ramp expected to add revenue (4%–5%) and ~$30 million incremental improvement; debottlenecking and targeted product ramps to improve utilization. Management is cautious on macro uncertainty but emphasizes controllable levers to restore earnings and cash flow.Company Guidance
Substantial Cost Reduction Program Delivered and Expanded
Delivered $100 million of cost reductions in 2025 (reported as $25 million above target) and targeting an additional $125–$150 million in 2026, implying $225–$250 million of savings over two years to boost margins and cash flow.
Circular/Methanolysis (rPET) Momentum and Revenue Growth
Kingsport methanolysis / rPET ramp driving revenue growth (company cites a 4%–5% revenue increase contribution and an incremental ~$30 million improvement versus 2025), with multiple large-brand contracts (including Pepsi) and customers pulling rPET demand forward due to mechanical-recycling quality degradation.
ETP Project to Reduce CI Volatility with Strong Economics
ETP project (convert bulk ethylene to propylene) is expected to structurally improve Chemical Intermediates earnings by ~$50–$100 million with a payback of under two years, removing bulk ethylene exposure and improving propylene margins.
Debottlenecking and Capacity Efficiency
Kingsport debottlenecking can increase throughput by ~130%, allowing more use of first-plant capacity before committing to second-plant CapEx and improving ROIC.
Targeted Volume/Portfolio Growth Initiatives
Multiple growth levers: ramping Naia staple fibers for textile markets, expanding Aventa cellulosics (food trays, cutlery, straws), architectural interlayers regained, and targeting lower-margin but high-utilization polyester markets (heavy gauge sheet, shrink packaging) to lift utilization and overall margins.
High-Purity Solvents and Specialty Products with Above-Average Growth
High-purity solvents serving semiconductors and other specialty products are growing at high rates (cited 20%–30% growth) and have margins above the segment average, contributing incremental earnings.
Improving Utilization Tailwind Expected for 2026
Company expects a utilization benefit of $25–$50 million in 2026 from fewer shutdowns, lower planned maintenance, and volume recovery, with a focus on converting utilization and cost savings into earnings.
EMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $68.99 | $69.32 | +0.48% |
Nov 03, 2025 | $57.14 | $59.96 | +4.92% |
Aug 01, 2025 | $57.31 | $59.25 | +3.38% |
Apr 24, 2025 | $77.96 | $73.16 | -6.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eastman Chemical (EMN) report earnings?
Eastman Chemical (EMN) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is Eastman Chemical (EMN) earnings time?
Eastman Chemical (EMN) earnings time is at Apr 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EMN EPS forecast?
EMN EPS forecast for the fiscal quarter 2026 (Q1) is 1.13.