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Here's Why You Should Hold Onto Eastman Chemical (EMN) for Now
EMNEastman(EMN) ZACKS·2024-06-25 20:55

Image Source: Zacks Investment Research 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. The company is also expected to gain from the revenues and earnings generated by its Kingsport methanolysis facility in 2024, mostly in the second half of the year. The facility is expected to deliver roughly $75 million of incremental EBITDA growth in 2024. EMN is exposed to headwinds from weak demand and conti ...