Eastman Chemical Company (NYSE:EMN) is set to release second-quarter 2022 results after the closing bell on Jul 28. Benefits of cost and productivity actions and innovation are likely to get reflected in the company's performance. However, it is likely to have faced challenges associated with raw material, energy and logistics costs in the second quarter.
Eastman Chemical missed the Zacks Consensus Estimate for earnings in three of the last four quarters while beat once. The company has a trailing-four quarter earnings surprise of roughly 0.2%, on average. The company posted a negative earnings surprise of 0.5% in the last reported quarter.
Shares of Eastman Chemical are down 15% in the past year with the industry's 11.8% decline.
