Eastman Chemical expects 2026 adjusted EPS of $6.00-$6.20
EMN•Eastman Chemical forecasts 2026 adjusted EPS of $6.00-$6.20 and operating cash flow of about $850 million. It expects $125 million-$150 million in cost savings, about 3% volume/mix growth and capital spending of about $400 million; third-quarter adjusted EPS rose to $1.84 from $1.14 a year earlier.
1. 2026 outlook
Eastman Chemical forecasts full-year 2026 adjusted earnings of $6.00 to $6.20 per share and operating cash flow of about $850 million, including an anticipated fourth-quarter working capital release of about $250 million. Cost savings remain on track at $125 million to $150 million, net of inflation, with volume/mix growth expected around 3%. Capital spending is projected at about $400 million, roughly $150 million below 2025. The outlook faces inflationary pressure from the Middle East conflict; third-quarter adjusted EPS rose to $1.84 from $1.14 a year earlier.
