EMN
Eastman Chemical Company63.65
-0.30-0.47%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
7.31BP/E (TTM)
10.63Basic EPS (TTM)
5.99Dividend Yield
0.05%Recent Filings
8-K
8-K
Eastman leadership transition announced
Eastman Chemical's Senior VP and Chief Technology and Sustainability Officer Chris M. Killian will retire effective December 31, 2025, citing family and health reasons. To ensure continuity, the company rehired Stephen G. Crawford as Executive VP of Technology Projects starting November 3, 2025, transitioning to Chief Technology and Sustainability Officer on January 1, 2026. Crawford's package includes a $705,000 base salary, 85% target bonus, $800,000 sign-on bonus, and $2.2 million in restricted stock units. This move leverages his prior internal expertise amid leadership shifts.
10-Q
Q2 FY2025 results
Eastman Chemical's Q2 FY2025 10-Q filing lacks detailed financial statements, focusing instead on a severance agreement for Executive Vice President Stephen G. Crawford, whose position ends June 2, 2025. The deal offers $703,253 in severance—52 weeks of base salary—paid over 12 months, plus four months of health benefits, in exchange for a full release of claims under federal and state laws like Title VII and the Age Discrimination in Employment Act. Crawford reaffirms non-compete and non-disclosure covenants from prior plans. No revenue, EPS, or cash flow metrics appear, leaving topline momentum undisclosed. Liquidity details absent. Eastman navigates executive transitions smoothly. Regulatory risks loom from evolving environmental standards.
8-K
Eastman Q2 earnings dip
Eastman Chemical reported Q2 2025 sales of $2,287 million, down 3% from $2,363 million last year, with adjusted EPS falling to $1.60 from $2.15 amid weak demand and a $20 million hit from an unplanned outage in Chemical Intermediates. Additives & Functional Products shone with 7% revenue growth from higher prices and volumes, while the circular economy platform advanced, producing over 2.5 times more recycled content than 2024. Teams battled tariff uncertainties through supply chain tweaks. Q3 adjusted EPS guidance sits at $1.25, with full-year cash flow targeting ~$1 billion despite inventory cuts dragging earnings by $75 million to $100 million.
8-K
Eastman appoints finance expert Audia
Eastman Chemical appointed Damon Audia, AGCO's Senior Vice President and CFO, to its Board of Directors on June 27, 2025, adding him to the Audit, Finance, and Environmental, Safety and Sustainability Committees. Audia's finance expertise and strategic insight from automotive and agriculture sectors will bolster Eastman's innovation and growth pursuits. No related arrangements or conflicts exist. This strengthens board oversight amid market challenges.
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