Benzinga | Oct 28, 2021 05:45PM EDT

Recap: Eastman Chemical Q3 Earnings

Eastman Chemical (NYSE:EMN) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Eastman Chemical missed their estimated earnings by 0.0%, reporting an EPS of $2.46 versus an estimate of $2.46, which did not surprise analysts.

Revenue was up $598,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16, which was followed by a 0.1% drop in the share price the next day.

Here's a look at Eastman Chemical's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 2.30 2.04 1.50 1.35EPS Actual 2.46 2.13 1.69 1.57Revenue Estimate 2.40B 2.33B 2.16B 2.07BRevenue Actual 2.65B 2.41B 2.19B 2.12B

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