Eastman Chemical Affirms FY2024 Adj EPS Guidance $7.25-$8.00 Vs $7.66 Est
Portfolio Pulse from Benzinga Newsdesk
Eastman Chemical has reaffirmed its adjusted EPS guidance for FY2024, maintaining the range of $7.25 to $8.00, compared to the analyst estimate of $7.66.

April 25, 2024 | 8:56 pm
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Eastman Chemical reaffirms its FY2024 adjusted EPS guidance of $7.25-$8.00, in line with analyst expectations.
By reaffirming its EPS guidance, Eastman Chemical signals confidence in its financial outlook, which is likely to positively influence investor sentiment and potentially the stock price in the short term. The guidance range closely aligns with analyst estimates, suggesting that the company's performance is on track with market expectations, reducing uncertainty and potentially leading to positive market reactions.
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