Previous close | 90.14 |
Open | 89.34 |
Bid | 89.42 x 30000 |
Ask | 89.56 x 30000 |
Day's range | 89.26 - 89.34 |
52-week range | 64.92 - 93.72 |
Volume | |
Avg. volume | 4 |
Market cap | 10.497B |
Beta (5Y monthly) | 1.56 |
PE ratio (TTM) | 12.77 |
EPS (TTM) | 6.99 |
Earnings date | 26 Apr 2024 |
Forward dividend & yield | 2.99 (3.32%) |
Ex-dividend date | 14 Mar 2024 |
1y target est | 136.45 |
Although the revenue and EPS for Eastman Chemical (EMN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Eastman Chemical beat Wall Street estimates for first-quarter profit on Thursday, helped by a decline in destocking trends across key markets. The company's adjusted profit was $1.61 per share for the three months ended March 31, compared with analysts' average estimate of $1.43 per share, according to LSEG data. Chemical companies have been plagued by destocking for the past few quarters, but this trend is slowly coming to an end as companies are seeing demand levels pick up across the US, Europe and China.
Eastman Chemical Co Reports First Quarter 2024 Results, Aligning Closely with Analyst Projections