Here's Why You Should Hold Onto Eastman Chemical Stock for Now [Yahoo! Finance]
Eastman Chemical Company (EMN)
Last eastman chemical company earnings: 5/1 04:00 pm
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US:NYSE Investor Relations:
eastman.com/company/investors/pages/introduction.aspx
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Source: Yahoo! Finance
Shares of EMN are up 22.8% over the past year compared with the Zacks Chemicals Diversified industry's rise of 4.4%. Image Source: Zacks Investment Research Let's find out why EMN stock is worth retaining at the moment. Eastman is gaining from its actions to manage costs. It is expected to benefit from lower operating costs from its operational transformation program in 2024. EMN is taking action to keep its manufacturing and administrative costs in control. It achieved cost savings of around $200 million in 2023, net of inflation. Pricing initiatives and lower raw material and energy costs are also expected to support the company's bottom line. The company plans to maintain pricing discipline and improve asset utilization throughout 2024. Eastman aims to increase new business revenues by utilizing its innovation-driven growth strategy. Innovation and market development initiatives are expected to support its sales volumes. Its specialty portfolio is expected to drive sales
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EMN
News
- Ketones Market Forecast: A 6.6% CAGR Driving Growth to USD 818.9 Million by 2029 [Yahoo! Finance]Yahoo! Finance
- Here's Why You Should Retain Eastman Chemical Stock in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Eastman Chemical (NYSE: EMN) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $104.00 price target on the stock, down previously from $118.00.MarketBeat
- Eco-Friendly Plasticizers Market worth $7.55 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Polyethylene Terephthalate Patent Landscape Report 2024, Examining 12,932 Patents with Profiles of Major Contributors to PET Innovation, such as Eastman Chemical, Hyosung, Toyobo, Toray and Carbios [Yahoo! Finance]Yahoo! Finance
EMN
Earnings
- 10/31/24 - Beat
EMN
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 12/3/24 - Form 144
- EMN's page on the SEC website