Earnings ·
Eastman Chemical Company reported second-quarter 2026 financial results on July 30, 2026
EMNEastman Chemical Co
Eastman Chemical Company reported second-quarter 2026 financial results on July 30, 2026. Sales revenue increased 10 percent year-over-year to $2,513 million, driven by a 5 percent increase in sales volume/mix and 4 percent higher selling prices. Adjusted earnings per diluted share rose to $1.97 from $1.60 in the prior year period, while adjusted EBIT improved to $320 million from $275 million. The company returned $96 million to stockholders through dividends during the quarter and expects operating cash flow for 2026 to approach $900 million. Management projects third-quarter 2026 adjusted diluted EPS to approach second-quarter levels of $1.97, citing expected improvements in Advanced Materials and Fibers segments offset by modest declines in Additives & Functional Products and Chemical Intermediates. Eastman Chemical Company is a global specialty materials company that produces a broad range of products found in items people use every day.