EMN / Eastman (EMN) to Divest Texas City Operations to INEOS Acetyls

Eastman Chemical Company (NYSE:EMN ) Q3 2023 Earnings Call Transcript October 27, 2023 8:00 AM ET Company Participants Greg Riddle - IR Mark Costa - C more_horizontal

Revenues of Eastman Chemical (EMN) decline in Q3 primarily due to lower sales volume and reduced selling prices. more_horizontal

Eastman Chemical (EMN) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to more_horizontal

Dividend investing happens, whether the stock market is up or down, whether the fed raises interest rates or lowers, inflation or deflation. UPS is pr more_horizontal

Eastman (EMN) is expected to have benefited from cost-cutting and productivity initiatives, as well as its innovation-driven growth strategy amid dema more_horizontal

Eastman (EMN) is evaluating ways to expand its asset footprint to maintain high quality, dependability and services for its automotive and architectur more_horizontal

Eastman (EMN) enters into an agreement to sell its Texas City Operations to INEOS Acetyls for $490 million. more_horizontal

While Eastman Chemical (EMN) faces headwinds from soft demand and customer inventory de-stocking, it benefits from cost-management and pricing actions more_horizontal