Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 27 October 2017, 09:00 HKT/SGT
Share:
    

Source: Eastman Chemical Company
Eastman Announces Third-Quarter 2017 Financial Results

KINGSPORT, Tenn., Oct 27, 2017 - (ACN Newswire) - Eastman Chemical Company (NYSE:EMN) today announced reported earnings of $2.22 per diluted share for third quarter 2017 versus $1.56 per diluted share for third quarter 2016. Adjusted earnings were $2.19 per diluted share for third quarter 2017 versus $1.86 per diluted share for third quarter 2016. For detail of the adjustments and reconciliation to reported company and segment earnings for all periods presented, see Tables 3A and 4A.

"Once again, we delivered outstanding year-over-year growth in adjusted EPS, reflecting the strength of our portfolio as well as our ability to leverage solid underlying business conditions for growth. Our specialties continued their strong performance, marked by exceptional growth in Additives & Functional Products," said Mark Costa, Board Chair and CEO. "Over the past several weeks, we have also responded with extraordinary professionalism and decisiveness as we faced hurricanes in the U.S. and the coal gasification incident at our Kingsport facility. With both of these challenges, our ability to minimize disruption and reduce impact is a testament to our scale, vertical integration, and the tremendous capability and determination of the Eastman team."

Full Document download: http://bit.ly/2lm1bho

About Eastman

Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in more than 100 countries and had 2016 revenues of approximately $9.0 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,000 people around the world. For more information, visit www.eastman.com.

Contacts:

Media: Tracy Kilgore Addington
423-224-0498 / [email protected]

Investors: Greg Riddle
212-835-1620 / [email protected]

ex99_01 2017.09.30 CC Tables FINAL http://hugin.info/150386/R/2145171/822268.PDF

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Eastman Chemical Company via Globenewswire


Oct 27, 2017 09:00 HKT/SGT
Topic: Earnings

http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Eastman Chemical Company
Oct 4, 2018 22:30 HKT/SGT
Eastman Schedules Third-Quarter 2018 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast
Aug 30, 2018 20:00 HKT/SGT
HMS Networks completes repurchase of shares
Aug 3, 2018 08:00 HKT/SGT
Eastman Board Declares Dividend
Aug 2, 2018 22:30 HKT/SGT
Eastman Publishes 2018 Sustainability Report
Aug 1, 2018 23:00 HKT/SGT
Curt Espeland to Address the Jefferies Industrials Conference
July 27, 2018 07:30 HKT/SGT
Eastman Announces Second-Quarter 2018 Financial Results
July 25, 2018 08:00 HKT/SGT
Iveco Defence Vehicles, shareholder of the Iveco - Oto Melara Consortium (CIO), is awarded a contract to deliver ten Centauro II Armored Vehicles to the Italian Army
July 12, 2018 00:00 HKT/SGT
JLT Mobile Computers to showcase rugged tablet and IT solutions for precision farming at InfoAg
July 12, 2018 00:00 HKT/SGT
Eastman Schedules Second-Quarter 2018 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast
July 2, 2018 21:00 HKT/SGT
Eastman Board Elects New Director
More news >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: