Eastman Chemical (EMN) to Release Earnings on Thursday

Eastman Chemical (NYSE:EMN) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Eastman Chemical to announce earnings of $1.80 per share and revenue of $2.3975 billion for the quarter. Eastman Chemical has set its Q2 2026 guidance at 1.700-1.900 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 8:00 AM ET.

Eastman Chemical (NYSE:EMN) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.17 billion. Eastman Chemical had a return on equity of 8.88% and a net margin of 4.62%.The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.91 earnings per share. On average, analysts expect Eastman Chemical to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Eastman Chemical Price Performance

Eastman Chemical stock opened at $69.21 on Thursday. The business’s 50-day simple moving average is $71.16 and its 200 day simple moving average is $72.11. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 0.89 and a beta of 1.07. Eastman Chemical has a 12-month low of $56.11 and a 12-month high of $83.47. The company has a quick ratio of 0.71, a current ratio of 1.47 and a debt-to-equity ratio of 0.73.

Eastman Chemical Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th were issued a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Monday, June 15th. Eastman Chemical’s payout ratio is currently 97.39%.

Wall Street Analyst Weigh In

EMN has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $82.00 target price on shares of Eastman Chemical in a research report on Tuesday, May 5th. Royal Bank Of Canada boosted their price target on shares of Eastman Chemical from $79.00 to $82.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. increased their price objective on shares of Eastman Chemical from $80.00 to $82.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Eastman Chemical in a research note on Monday, May 18th. Finally, UBS Group lifted their target price on shares of Eastman Chemical from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $80.50.

Hedge Funds Weigh In On Eastman Chemical

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in Eastman Chemical during the 4th quarter worth approximately $202,000. Integrated Wealth Concepts LLC grew its holdings in Eastman Chemical by 185.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,686 shares of the basic materials company’s stock valued at $589,000 after purchasing an additional 4,345 shares during the period. Millennium Management LLC increased its stake in Eastman Chemical by 69.2% in the first quarter. Millennium Management LLC now owns 194,052 shares of the basic materials company’s stock valued at $17,098,000 after purchasing an additional 79,376 shares in the last quarter. NewEdge Advisors LLC increased its stake in Eastman Chemical by 2.6% in the first quarter. NewEdge Advisors LLC now owns 7,310 shares of the basic materials company’s stock valued at $644,000 after purchasing an additional 183 shares in the last quarter. Finally, United Services Automobile Association acquired a new stake in Eastman Chemical in the first quarter worth $252,000. Institutional investors own 83.65% of the company’s stock.

About Eastman Chemical

Eastman Chemical Company (NYSE: EMN) is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company’s main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.