Earnings Summary

Eastman Chemical Co.’s revenue fell -39.16% since last year same period to $2464Mn in the Q3 2024. On a quarterly growth basis, Eastman Chemical Co. has generated 4.41% jump in its revenue since last 3-months.

Eastman Chemical Co.’s net profit jumped 1.12% since last year same period to $180Mn in the Q3 2024. On a quarterly growth basis, Eastman Chemical Co. has generated -21.74% fall in its net profits since last 3-months.

Eastman Chemical Co.’s net profit margin jumped 66.21% since last year same period to 7.31% in the Q3 2024. On a quarterly growth basis, Eastman Chemical Co. has generated -25.04% fall in its net profit margins since last 3-months.

Eastman Chemical Co.’s price-to-earnings ratio after this Q3 2024 earnings stands at 13.89.

Eastman Chemical Co.’s earning per share (EPS) estimates for the current quarter stand at 2.14 - a 6.47% jump from last quarter’s estimates.

Eastman Chemical Co.’s earning per share (EPS) estimates for the current year stand at 2.14.

Eastman Chemical Co.’s earning per share (EPS) jumped 53.74% since last year same period to 2.26 in the Q3 2024. This indicates that the Eastman Chemical Co. has generated 53.74% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Eastman Chemical Co.’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Eastman Chemical Co.’s return on equity (ROE) stands at 0.16.

Eastman Chemical Co. declared 0.81 dividend per share during the earnings announcement for Q3 2024.