Eastman Chemical Co (EMN) is scheduled to announce Q2 2021 earnings on Monday, 02 August 2021, after market close. Wallstreet estimates an EPS of $2.33 and a revenue of $2.40 B in the upcoming results. Eastman Chemical Co historically beated the wallstreet estimates 71% of the times.
About Eastman Chemical Co
Eastman Chemical Co. engages in the provision of specialty chemicals. It activities include production and distribution a range of advanced materials, chemicals and fibers. It operates through the following segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates and Fibers. The Additives and Functional Products segment pertains to manufacturing chemicals for products in the coatings and tires industries in transportation, building and construction, durable goods and consumables markets. The Advanced Materials segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The Chemical Intermediates segment provides large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. . The Fiber segment manufactures and sells EstronTM acetate tow and EstrobondTM triacetin plasticizers for use primarily in the manufacture of cigarette filters; EstronTM natural (undyed) and ChromspunTM solution-dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers, including the Company's new joint venture acetate tow manufacturing facility in Hefei, China. The company was founded by George Eastman in 1918 and is headquartered in Kingsport, TN.