业绩总结 - 2024年第二季度公司收入为23.63亿美元，同比增长2%[13] - 调整后的EBIT为3.53亿美元，调整后的EBIT利润率为14.9%[13] - 2024年预计调整后的EBIT在4.6亿至4.8亿美元之间[22] - 2024年预计调整后的每股收益在7.40至7.85美元之间[54] - 高级材料部门的收入同比增长8%，调整后的EBIT利润率为13.9%[18] - 化学中间体部门的收入为5.14亿美元，调整后的EBIT为3900万美元[31] 现金流与资本支出 - 2024年预计运营现金流约为14亿美元[36] - 预计2024年资本支出在6.5亿至7亿美元之间[58] - 2024年上半年回购股票1亿美元，全年预计回购约3亿美元[41] 市场与价格趋势 - 自然气价格与近期FY24亨利中心平均远期曲线一致：$2.00 – $3.30/MMBtu[60] - 布伦特原油价格在$80 - $90/桶之间[60] - FY24较FY23因资产利用率提高带来的约$1亿的顺风[60] 税率与费用 - 全年调整后的有效税率为15 - 16%[60] - FY24折旧和摊销费用较FY23增加$3000万[60] - 2023年折旧和摊销费用为$4.75亿，不包括$2300万的加速折旧[61] 其他财务信息 - 企业“其他”调整后的利息和税前损失约为$2亿，针对FY24[60] - 外汇汇率，扣除对冲：USD/EURO $1.10；CNY/USD 7.20；JPY/USD 150[60] - Kingsport甲醇解聚设施的增量EBITDA贡献预计为5000万美元[9]

Eastman Chemical Company (EMN) recorded a second-quarter 2024 profit of $230 million or $1.94 per share compared with $272 million or $2.27 in the year-ago quarter. Revenues increased roughly 1.7% year over year to $2,363 million in the quarter. The figure missed the Zacks Consensus Estimate of $2,369.3 million. Sales volume increased slightly, led by durables and automotive end markets and was also aided by the end of customer inventory destocking in most end markets. The improvement was partly offset by t ...

Here is how Eastman Chemical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Shares of Eastman Chemical have returned -1.9% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Eastman Chemical (EMN) reported $2.36 billion in revenue for the quarter ended June 2024, representing a year- ...

Eastman Chemical (EMN) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.04%. A quarter ago, it was expected that this specialty chemicals maker would post earnings of $1.41 per share when it actually produced earnings of $1.61, delivering a surprise of 14.18%. Over the last four qua ...

销量和组合增长 - 交付了强劲的同比销量/组合增长,主要由Advanced Materials推动[3] - 销量/组合增长是由于大多数终端市场客户去库存结束,部分被建筑和建材市场疲软所抵消[8] - 先进材料板块销售额增长8%,主要由于销量/产品组合效应增加12%[35] - 添加剂和功能性产品板块销售额下降4%,主要由于价格效应下降4%[35] - 化学中间体板块销售额持平,销量/产品组合效应增加6%[35] - 纤维板块销售额增长2%,销量/产品组合效应增加1%[35] 利润率改善 - 通过销量/组合增长和运营杠杆实现了300个基点的环比利润率改善[3] - 利润总额增加主要是由于Advanced Materials销量/组合增加,部分被Chemical Intermediates的价格成本下降所抵消[9] 商业卓越 - 专注于特殊产品供给和管理全公司的价格成本,展现了持续的商业卓越[3] - 继续提高金斯波特甲醇裂解设施的销售,同时展示了更高的运营率和扩大了难以回收的原料来源[3] 现金流和股票回购 - 交付了良好的上半年经营现金流,并在2024年第二季度回购了1亿美元的股票[3,17] - 第二季度经营活动产生的现金流为3.67亿美元[72] - 第二季度股票回购1亿美元[72] 财务数据 - 第二季度公司调整后息税前利润为3.53亿美元,调整后息税前利润率为14.9%[40][50] - 第二季度2024年非GAAP税前利润为3.53亿美元,非GAAP净利润为2.56亿美元,非GAAP每股收益为2.15美元[53] - 第二季度2023年非GAAP税前利润为3.36亿美元,非GAAP净利润为2.38亿美元,非GAAP每股收益为1.99美元[55] - 2024年前六个月非GAAP税前利润为6.27亿美元,非GAAP净利润为4.46亿美元,非GAAP每股收益为3.76美元[60] - 2023年前六个月GAAP税前利润为5.69亿美元,GAAP净利润为4.06亿美元,GAAP每股收益为3.39美元[61] - 2024年第一季度非GAAP税前利润为2.74亿美元,非GAAP净利润为1.90亿美元,非GAAP每股收益为1.61美元[68] - 2024年全年预计调整后的有效税率为16%[70] - 2023年全年预计调整后的有效税率为16%[70] 非经常性和特殊项目 - 2024年第二季度和前六个月期间的非经常性和特殊项目包括环境和其他成本[53,60] - 2023年第二季度和前六个月期间的非经常性和特殊项目包括环境和其他成本、税法变化调整以及临时税收调整[55,61,66] - 2024年第一季度的非经常性和特殊项目包括资产减值和重组费用以及临时税收调整[68] 其他财务数据 - 第二季度销售收入增长2%,主要由于销量/组合增长6%抵消了4%的售价下降[7] - 销售价格下降是由于所有分部的原材料价格下降[8] - 第二季度净收益为2.31亿美元,同比下降15.1%[72] - 第二季度资本支出为1.15亿美元,同比减少51.9%[72] - 第二季度偿还借款4300万美元[72] - 截至6月30日,净债务为45.19亿美元[73] - 第二季度折旧和摊销费用为1.26亿美元[72] - 第二季度递延所得税收益为2000万美元[72] - 第二季度应收账款减少3300万美元[72] - 第二季度存货增加1.38亿美元[72] 地区销售情况 - 第二季度美国和加拿大市场销售额为9.94亿美元,较上年同期下降0.6%[37] - 第二季度欧洲、中东和非洲市场销售额为6.50亿美元,较上年同期增长2.4%[37] - 第二季度亚太市场销售额为5.90亿美元,较上年同期增长5.9%[37]

Let's see how things are shaping up for this announcement. Eastman Chemical Company (EMN) is scheduled to release second-quarter 2024 results after the closing bell on Jul 25. Eastman is expected to have benefited from cost-cutting and productivity initiatives, as well as its innovationdriven growth strategy. However, soft demand in certain markets is likely to have weighed on its second-quarter performance. Image Source: Zacks Investment Research Zacks Model Zacks Rank: Eastman Chemical currently carries a ...

Wall Street analysts expect Eastman Chemical (EMN) to post quarterly earnings of $1.99 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $2.37 billion, up 2% from the year-ago quarter. Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...

公司盈利预期 - Eastman Chemical预计在2024年6月季度财报中营收增长但盈利与去年同期持平[1] - 公司将于2024年7月25日发布财报 若关键数据好于预期股价可能上涨 反之可能下跌[2] 盈利预期修正趋势 - Zacks共识预期公司即将发布的季度每股收益为1.99美元 与去年同期持平 营收预计为23.7亿美元 较去年同期增长2%[4] - 过去30天 季度每股收益共识预期下调1.45%[5] 盈利预测模型 - Zacks盈利ESP将季度最准确预期与Zacks共识预期进行比较 最准确预期是Zacks共识每股收益预期的更新版本[8] - 正的盈利ESP是盈利超预期的有力预测指标 特别是与Zacks排名1 2或3结合时 研究显示这种组合下股票近70%的时间会有正向惊喜[10] - 负的盈利ESP读数难以预测盈利超预期情况[11] Eastman Chemical相关数据 - 公司最准确预期高于Zacks共识预期 盈利ESP为+0.29% 股票目前Zacks排名为3 这一组合表明公司很可能超出共识每股收益预期[12] - 上一报告季度 公司预期每股收益1.41美元 实际为1.61美元 惊喜幅度为+14.18% 过去四个季度公司四次超出共识每股收益预期[14] 总结 - 盈利超预期或低于预期可能不是股票涨跌的唯一依据[15] - 押注预期盈利超预期的股票会增加成功的几率 值得在季度财报发布前查看公司的盈利ESP和Zacks排名[16] - Eastman Chemical似乎是盈利超预期的有力候选者 但投资者在其财报发布前押注或避开该股票时也应关注其他因素[17]

For the most recent quarter, Eastman Chemical was expected to post earnings of $1.41 per share, but it reported $1.61 per share instead, representing a surprise of 14.18%. For the previous quarter, the consensus estimate was $1.28 per share, while it actually produced $1.31 per share, a surprise of 2.34%. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks ...

aydinmutlu/E+ via Getty Images Eastman Chemical (NYSE:EMN) is a specialty chemicals and materials innovation company that operates in four segments: Advanced Materials, Additives and Functional Products, Chemical Intermediates, and Fibers. It is headquartered in Tennessee but has plants in twelve countries and competes with many other chemicals companies. The company's market capitalization is 11% higher than a year ago. Its dividend yield is 3.4%. Eastman has just opened a new methanolysis (recycling) plan ...