Eastman Chemical Q2 2024 Adj EPS $2.15 Beats $2.01 Estimate, Sales $2.36B Inline
Portfolio Pulse from Benzinga Newsdesk
Eastman Chemical (NYSE:EMN) reported Q2 2024 adjusted EPS of $2.15, beating the analyst estimate of $2.01. Quarterly sales were $2.36 billion, in line with expectations and up 1.68% year-over-year.
July 25, 2024 | 8:19 pm
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Eastman Chemical's Q2 2024 adjusted EPS of $2.15 beat estimates by 6.97%, while sales of $2.36 billion met expectations and increased 1.68% year-over-year.
The better-than-expected EPS and in-line sales performance indicate strong operational efficiency and stable revenue growth, likely boosting investor confidence and positively impacting the stock price in the short term.
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