Latest news with #EMN
Yahoo
04-08-2025
- Business
- Yahoo
Eastman Chemical (EMN) International Revenue Performance Explored
Have you evaluated the performance of Eastman Chemical's (EMN) international operations during the quarter that concluded in June 2025? Considering the extensive worldwide presence of this specialty chemicals maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth. In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investors, the key is to grasp how reliant a company is on overseas markets, as this provides insights into the durability of its earnings, its ability to exploit different economic cycles, and its overall growth capabilities. Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics. Upon examining EMN's recent quarterly performance, we noticed several interesting patterns in the revenue generated from its international segments, which are commonly analyzed and observed by Wall Street experts. The company's total revenue for the quarter amounted to $2.29 billion, marking a decrease of 3.2% from the year-ago quarter. We will next turn our attention to dissecting EMN's international revenue to get a clearer picture of how significant its operations are outside its main base. Trends in EMN's Revenue from International Markets During the quarter, Asia Pacific contributed $583 million in revenue, making up 25.5% of the total revenue. When compared to the consensus estimate of $570.6 million, this meant a surprise of +2.17%. Looking back, Asia Pacific contributed $539 million, or 23.5%, in the previous quarter, and $590 million, or 25%, in the same quarter of the previous year. Europe, Middle East, and Africa generated $610 million in revenues for the company in the last quarter, constituting 26.7% of the total. This represented a surprise of -1.08% compared to the $616.65 million projected by Wall Street analysts. Comparatively, in the previous quarter, Europe, Middle East, and Africa accounted for $610 million (26.6%), and in the year-ago quarter, it contributed $650 million (27.5%) to the total revenue. Latin America accounted for 5.7% of the company's total revenue during the quarter, translating to $131 million. Revenues from this region represented a surprise of +4.35%, with Wall Street analysts collectively expecting $125.54 million. When compared to the preceding quarter and the same quarter in the previous year, Latin America contributed $121 million (5.3%) and $129 million (5.5%) to the total revenue, respectively. International Revenue Predictions Wall Street analysts expect Eastman Chemical to report a total revenue of $2.41 billion in the current fiscal quarter, which suggests a decline of 2.2% from the prior-year quarter. Revenue shares from Asia Pacific, Europe, Middle East, and Africa and Latin America are predicted to be 23.9%, 25.8%, and 5.5%, corresponding to amounts of $576.16 million, $621.44 million, and $132.27 million, respectively. For the full year, the company is expected to generate $9.25 billion in total revenue, down 1.4% from the previous year. Revenues from Asia Pacific, Europe, Middle East, and Africa and Latin America are expected to constitute 24.6% ($2.28 billion), 26.5% ($2.45 billion) and 5.4% ($501.14 million) of the total, respectively. Final Thoughts Relying on international markets for revenues, Eastman Chemical faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory. In a world where international interdependencies and geopolitical conflicts are ever-increasing, Wall Street analysts closely monitor these trends for companies having international presence to adjust their earnings forecasts. Of course, there are several other factors, including a company's standing within its home borders, that influence analysts' earnings forecasts. We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices. Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks. Currently, Eastman Chemical holds a Zacks Rank #4 (Sell), signifying its potential to underperform the overall market's performance in the forthcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Examining the Latest Trends in Eastman Chemical's Stock Value Over the past month, the stock has lost 26.1% versus the Zacks S&P 500 composite's 0.6% increase. The Zacks Basic Materials sector, of which Eastman Chemical is a part, has declined 2.4% over the same period. The company's shares have declined 24.1% over the past three months compared to the S&P 500's 11.7% increase. Over the same period, the sector has risen 3.7% Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eastman Chemical Company (EMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
02-08-2025
- Business
- Yahoo
Eastman (EMN) Falls to New Low on Earnings Drop
We recently published . Eastman Chemical Company (NYSE:EMN) is one of the worst-performing stocks on Friday. Eastman Chemical fell to a new low on Friday, extending a five-day losing streak, as investor sentiment was dented by a disappointing earnings performance and lower growth outlook for the rest of the year. At intra-day trading, the company fell to its lowest price of $56.78 before slight buying pushed its shares higher to end the day just down by 19.03 percent at $58.79. Based on its financial statement, Eastman Chemical Company (NYSE:EMN) dropped its attributable net income by 39 percent to $140 million from $230 million in the same period last year, as sales dipped by 3 percent to $2.29 billion from $2.36 billion year-on-year due to lower sales volume, dragged by weak primary demand in key end markets, including building and construction and automotive OEM production. In the first half, attributable net income declined by 18 percent to $322 million from $395 million, while revenues decreased by 2 percent to $4.58 billion from $4.67 billion year-on-year. Looking ahead, Eastman Chemical Company (NYSE:EMN) recognized that certain macroeconomic uncertainties will continue to impact its financials and operations negatively, thus expecting volumes to continue to decline due to trade disputes impact. 'We project third-quarter adjusted earnings per share to be around $1.25. We expect to generate a full-year operating cash flow of ~$1 billion as declines in cash earnings will be partially offset by a release of working capital. We are in a solid financial position in an industry that is going on four years of significant challenges,' said Eastman Chemical Company (NYSE:EMN) CEO Mark Costa. While we acknowledge the potential of EMN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
18-07-2025
- Business
- Yahoo
Eastman Chemical Company (EMN) Strengthens Management with AGCO CFO
Eastman Chemical Company (NYSE:EMN) is one of the best chemical stocks to buy, according to billionaires. On June 27, the company strengthened its management team with the appointment of Mr. Damon Audia, CFO of AGCO Corporation (NYSE:AGCO), to its board. Eastman Chemical Company will leverage Audia's extensive experience in finance and strategic acumen as it continues to pursue its vision of innovation and growth. 'Damon's leadership and deep understanding of business strategy and experience across diverse industries, including automotive and agriculture, will contribute significantly to our mission of delivering relevant and innovative solutions to our customers,' said Mark Costa, Board Chair and CEO. Eastman Chemical Company (NYSE:EMN) is a specialty Materials Company that produces materials used in everyday consumer products. It makes a wide range of chemicals, plastics, and fibers that serve diverse industries, including transportation, construction, electronics, and healthcare. While we acknowledge the potential of EMN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
01-07-2025
- Business
- Yahoo
Eastman Schedules Second-Quarter 2025 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information
KINGSPORT, Tenn., July 01, 2025--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN): Financial Results Release: Thursday, July 31, 2025 Approximately 4:15 p.m. Eastern Time Via wire distribution and News Center and SEC Form 8-K filing. Advance Slides, Webcast and Teleconference: Friday, August 1, 2025 8:00 a.m. Eastern Time Via listen-only live webcast and teleconference. Teleconference Pre-Registration: To speed up connecting into the teleconference, a pre-registration link for participants is available below. Upon registration, participants will receive unique dial-in information via email. Replay: A webcast replay, as well as a replay in downloadable MP3 format, will be available at Telephone replay available continuously beginning at approximately 1:00 p.m. Eastern Time, August 1, through 11:59 p.m. Eastern Time, August 11, 2025, Toll Free at +1 (866) 813-9403, passcode 957945. View source version on Contacts Investor Contact: Greg Riddle, 212-835-1620, griddle@ Media Contact: Tracy Kilgore Addington, 423-224-0498, tracy@
Yahoo
28-04-2025
- Business
- Yahoo
JP Morgan Cautions Trade Tensions Are Weighing On Eastman Chemical Growth Prospects
JP Morgan analyst Jeffrey J. Zekauskas downgraded the rating for Eastman Chemical Company (NYSE:EMN) from Overweight to Neutral and cut the price forecast from $112.00 to $76.00. On April 25, the company reported first-quarter adjusted EPS of $1.91, beating the $1.89 estimate, while sales of $2.29 billion missed the $2.33 billion estimate. For the second quarter, Eastman anticipates adjusted EPS of $1.70-$1.90, below the consensus estimate of $2.18. The company expects a slight sequential volume increase across its markets in the second quarter, but it is less than typical due to trade uncertainty. Additionally, second-quarter earnings are expected to be negatively impacted by U.S.-China tariffs and increased planned maintenance. The analyst remarks that typically, Eastman sees a second-quarter volume and earnings increase due to seasonal construction. Zekauskas writes that tariffs haven't directly impacted Eastman's operations because customers are currently using material already within the country. Further, the analyst says that sustained difficult trade conditions could increase near-term earnings risk and diminish longer-term growth prospects. The analyst estimates the company's specialty polymer sales to China to be ~$340 million, generating ~$100 million in EBITDA. While Eastman forecasts $1.2 billion in 2025 cash flow from operations, this may be aggressive given the $167 million cash use in the first quarter, adds the analyst. Consequently, the analyst lowered the EPS estimate to $7.40 (from $8.45) for 2025 and $7.80 (from $9.00) for 2026. Considering current conditions, a further ~$1.00/share reduction to the base case 2025 earnings range ($7.00-$7.75) seems appropriate, adds the analyst. Zekauskas adds that this could potentially reflect less pressure on the second half of 2025 filter tow earnings as destocking effects ease. Price Action: EMN shares are down 0.84% at 475.20 at the last check Monday. Read Next:Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? EASTMAN CHEMICAL (EMN): Free Stock Analysis Report This article JP Morgan Cautions Trade Tensions Are Weighing On Eastman Chemical Growth Prospects originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
