Welcome to our dedicated page for Eastman Chem news (Ticker: EMN), a resource for investors and traders seeking the latest updates and insights on Eastman Chem stock.
Eastman Chemical Company reports developments as a global specialty materials company producing chemicals and materials used in everyday products. News commonly covers quarterly results, price and volume trends, raw-material and distribution costs, foreign currency effects, and performance in businesses such as Advanced Materials, Chemical Intermediates, acetate tow and methanolysis operations.
Company updates also include quarterly cash dividends on common stock, annual meeting voting results, board and governance matters, and executive participation in industrial conferences. Eastman frames its commercial activity around technology platforms, customer application development, and end markets including transportation, building and construction, and consumables.
Eastman Chemical Company (NYSE:EMN) has appointed Damon Audia to its Board of Directors. Audia currently serves as Senior Vice President and Chief Financial Officer at AGCO Corporation, an $11.7 billion global leader in agricultural machinery and precision ag technology.
Audia brings extensive financial leadership experience from his roles at AGCO, Kennametal Inc., Carpenter Technology Corporation, and The Goodyear Tire & Rubber Company. He holds an MBA from Carnegie Mellon University and began his career in the automotive industry with Delphi Corporation and General Motors.
Eastman, founded in 1920, is a global specialty materials company with 2024 revenue of $9.4 billion and approximately 14,000 employees worldwide, serving customers in over 100 countries.
Eastman Chemical Company (NYSE:EMN) has announced that Executive Vice President and CFO Willie McLain will present at the Deutsche Bank 16th Annual Global Industrials, Materials & Building Products Conference. The presentation is scheduled for June 5, 2025, at 12:30 p.m. ET. Investors can access the live webcast through investors.eastman.com, where an audio replay will also be available after the event.
Eastman Chemical Company (NYSE:EMN) has announced a quarterly cash dividend of $0.83 per share on its common stock. The dividend will be paid on July 8, 2025, to stockholders of record as of June 13, 2025.
Eastman, founded in 1920, is a global specialty materials company that reported revenue of $9.4 billion in 2024. The company employs approximately 14,000 people worldwide, serves customers in over 100 countries, and focuses on innovation-driven growth in markets including transportation, building and construction, and consumables.
Eastman Chemical Company (NYSE:EMN) held its 2025 annual meeting where stockholders made several key decisions. Shareholders reelected ten directors to one-year terms and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025. The stockholders approved the executive compensation package through a "say-on-pay" vote but rejected a proposal requesting an independent Board Chair.
Eastman, founded in 1920, is a global specialty materials company with 2024 revenue of approximately $9.4 billion. The company employs around 14,000 people globally, serves customers in over 100 countries, and focuses on innovation-driven growth in markets including transportation, building and construction, and consumables.
Eastman Chemical Company (NYSE:EMN) reported strong Q1 2025 financial results with adjusted EPS of $1.91, up 19% year-over-year and in line with January guidance. Sales revenue slightly decreased 1% to $2,290 million from $2,310 million in Q1 2024.
Key highlights include:
- Adjusted EBIT margin improved by 170 basis points
- Record uptime and production at Kingsport methanolysis facility
- Net cash used in operating activities was $167 million vs $16 million in Q1 2024
- Company returned $96 million to stockholders through dividends
For Q2 2025, Eastman expects adjusted EPS between $1.70-$1.90, facing headwinds from US-China tariffs and higher planned maintenance costs. The company increased its cost reduction target to $75 million net of inflation and reduced capital expenditures to $550 million. Full-year 2025 operating cash flow is projected at approximately $1.2 billion.
Eastman has been awarded the prestigious 4 Star Employer recognition in the 2025 VETS Indexes Employer Awards, highlighting its exceptional commitment to supporting U.S. military veterans and the military-connected community. The company was among 294 organizations recognized out of 349 participants.
Travis Smith, Executive Vice President and EVETS executive sponsor, emphasized the invaluable contribution of military service training to Eastman's success. The assessment evaluated organizations across five key categories: veteran recruitment and hiring, employee development and retention, veteran-inclusive policies, National Guard and Reserves support, and military family support.
According to VETS Indexes president George Altman, Eastman's efforts in recruiting, retaining, developing, and supporting veterans and their families distinguish them as one of the best veteran employers, setting a benchmark for others to follow.
Eastman Chemical Company (EMN) has announced its schedule for first-quarter 2025 financial results release and related events. The company will release its Q1 2025 financial results on Thursday, April 24, 2025, at approximately 4:15 p.m. Eastern Time through wire distribution, their website, and SEC Form 8-K filing.
A live webcast and teleconference are scheduled for Friday, April 25, 2025, at 8:00 a.m. Eastern Time. Advance slides and prepared remarks will be posted on Thursday evening at investors.eastman.com. Investors can join via a listen-only webcast or dial in toll-free at +1 (833) 470-1428 using passcode 597256.
A replay will be available at investors.eastman.com, including an MP3 format download. The telephone replay will be accessible from 1:00 p.m. ET on April 25 through May 5, 2025, at +1 (866) 813-9403 with passcode 408681.
Eastman Chemical Company (NYSE:EMN) announced that Chief Financial Officer Willie McLain will be presenting at the upcoming J.P. Morgan Industrials Conference. The company provided contact information for investor relations and media inquiries but did not disclose specific details about the presentation's content or timing.
Eastman Chemical Company (NYSE:EMN) has announced its Board of Directors has declared a quarterly cash dividend of $0.83 per share on the company's common stock. The dividend will be paid on April 7, 2025, to stockholders of record as of March 14, 2025.
The company, founded in 1920, is a global specialty materials manufacturer with approximately 14,000 employees worldwide, serving customers in over 100 countries. Eastman reported revenue of approximately $9.4 billion in 2024, focusing on innovation-driven growth in markets including transportation, building and construction, and consumables.
Eastman Chemical Company (NYSE:EMN) announced that Board Chair and CEO Mark Costa will present at the Barclays 42nd Annual Industrial Select Conference on February 19, 2025, at 10:25 a.m. ET. The presentation will be available through a live webcast on investors.eastman.com, with an audio replay accessible afterward in the events & presentations section of the company's investor relations website.