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Last $78.51 USD
Change Today -0.23 / -0.29%
Volume 1.0M
As of 12:31 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

eastman chemical co (EMN) Snapshot

Open
$79.00
Previous Close
$78.74
Day High
$79.40
Day Low
$78.50
52 Week High
06/4/14 - $90.55
52 Week Low
01/30/15 - $67.13
Market Cap
11.7B
Average Volume 10 Days
1.6M
EPS TTM
$7.11
Shares Outstanding
149.0M
EX-Date
03/12/15
P/E TM
11.1x
Dividend
$1.60
Dividend Yield
1.91%
Current Stock Chart for EASTMAN CHEMICAL CO (EMN)

eastman chemical co (EMN) Details

Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, such as specialty coalescents and ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives. This segment’s products are used in coatings and tire industries in transportation, building and construction, durable goods, and consumables markets. Its Adhesives & Plasticizers segment manufactures adhesives resins and plasticizers used in the consumables, building and construction, health and wellness, industrial chemicals and processing, and durable goods markets. The company’ Advanced Materials segment provides specialty copolyesters, cellulose esters, interlayers, and aftermarket window film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. Its Fibers segment offers Estron acetate tow and Estrobond triacetin plasticizers for manufacturing cigarette filters; Estron natural and Chromspun solutions dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials, as well as acetyl chemical products. Its Specialty Fluids & Intermediates segment provides specialty fluids, acetyl chemical intermediates, olefin derivatives, specialty fluids, and alkylamines used in industrial chemicals and processing, building and construction, health and wellness, and agriculture markets. This segment also offers aviation turbine oil. The company also offers wet-laid nonwovens and specialty films. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

15,000 Employees
Last Reported Date: 04/30/15
Founded in 1920

eastman chemical co (EMN) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $987.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $627.1K
Chief Operating Officer
Total Annual Compensation: $751.0K
Executive Vice President
Total Annual Compensation: $551.3K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $497.7K
Compensation as of Fiscal Year 2014.

eastman chemical co (EMN) Key Developments

Eastman Chemical Company Reports Earnings Results for the First Quarter of 2015; Provides Earnings Guidance for the Year 2015

Eastman Chemical Company reported earnings results for the first quarter of 2015. For the quarter, the company reported earnings, excluding non-core or non-recurring items, of $1.84 per diluted share versus $1.61 per diluted share for first quarter 2014. Reported earnings were $1.14 per diluted share versus $1.52 per diluted share for first quarter 2014. Sales revenue was $2.4 billion, a 6% increase compared with $2.3 billion in first quarter 2014, primarily due to sales revenue from the Taminco Corporation, Commonwealth Laminating & Coating Inc., and aviation turbine oil businesses acquired in 2014 partially offset by lower selling prices primarily due to lower raw material and energy costs. Operating earnings were $435 million compared with $383 million for first quarter 2014. The increase was primarily due to both improved spread, as lower raw material and energy costs exceeded lower selling prices, and earnings from acquired businesses. These were partially offset by lower earnings in the Fibers segment, an unfavorable shift in foreign currency exchange rates, and the negative impact of propane hedges. Reported operating earnings were $311 million compared with $361 million for first quarter 2014. Net cash provided by operating activities was $91 million against net cash used in operating activities of $30 million a year ago. Free cash flow was negative $34 million for the quarter. Capital expenditures totaled $125 million. The company effective tax rate for the quarter was 27%. For the full year of 2015, the company expects capital expenditures of between $700 million and $725 million, tax rate will be between 26% and 27%, reflecting the continued benefits of improved business operations. The company continue to do what company can to be at the lower end of that range.

Eastman Chemical Co. to Report Q1, 2015 Results on Apr 30, 2015

Eastman Chemical Co. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on Apr 30, 2015

Eastman Chemical Co., Q1 2015 Earnings Call, May 01, 2015

Eastman Chemical Co., Q1 2015 Earnings Call, May 01, 2015

 

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Industry Analysis

EMN

Industry Average

Valuation EMN Industry Range
Price/Earnings 17.2x
Price/Sales 1.2x
Price/Book -- Not Meaningful
Price/Cash Flow 17.0x
TEV/Sales -- Not Meaningful
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