Eastman Chemical (NYSE:EMN) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Eastman Chemical missed estimated earnings by 3.21%, reporting an EPS of $1.81 versus an estimate of $1.87, which did not surprise analysts.
Revenue was up $508.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 5.46% drop in the share price the next day.
Here's a look at Eastman Chemical's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.46 | 2.30 | 2.04 | 1.50 |
| EPS Actual | 2.46 | 2.46 | 2.13 | 1.69 |
| Revenue Estimate | 2.60B | 2.40B | 2.33B | 2.16B |
| Revenue Actual | 2.72B | 2.65B | 2.41B | 2.19B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
