Eastman projects Q3 adj EPS to approach Q2 2026 EPS of $1.97
Company expects 2026 operating cash flow to approach $900 mln, below previous expectation
Eastman expects 2026 earnings to improve significantly versus 2025
Overview
US specialty materials maker's Q2 revenue rose 10% yr/yr on higher volume and prices
Adjusted EPS for Q2 rose to $1.97 from $1.60 a year ago
Company cited strong performance in Advanced Materials and Chemical Intermediates segments
Result Drivers
Volume and price gains - Co said higher sales volume/mix and increased selling prices, especially in Advanced Materials and Chemical Intermediates, drove revenue growth
Price-cost management - Margin improvement attributed to disciplined price-cost management and cost-reduction initiatives
Cost reduction initiatives - Cost savings helped offset higher raw material, distribution, and operating costs
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
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