in this issue
People & Business :: Earnings/Finance
Eastman beats estimates, reaffirms 2014 outlook
4:10 PM MDT | July 28, 2014 | Rebecca Coons
Eastman Chemical reports net earnings of $292 million, 9.8% higher year-on-year (YOY). Adjusted earnings of $1.92/share were 14.2% higher YOY and beat a $1.84/share consensus of analysts’ estimates compiled by Thomson Reuters (New York). Sales were flat at $2.5 billion. Excluding certain items, second-quarter 2014 operating earnings were $441 million, compared with $454 million for second quarter 2013, with the decline primarily due to lower specialty fluids and intermediates segment earnings. The previously announced unplanned shutdown at the Kingsport...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee