Eastman Chemical's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Eastman Chemical (NYSE:EMN) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $1.93. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has seen a decrease of 8.44% over the last 52-week period.
July 26, 2023 | 3:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Eastman Chemical is expected to report an EPS of $1.93 in its upcoming earnings. The company has a history of beating EPS estimates, which has often led to a rise in share price. However, the stock has been down 8.44% over the past year.
The upcoming earnings report is highly relevant to Eastman Chemical's stock. The company's history of beating EPS estimates could potentially lead to a positive impact on the stock price. However, the overall negative trend of the stock over the past year may dampen any potential gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100