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Eastman Chemical Company · NYSE · Basic Materials
Browse public EMN signals with their source context and measured market impact. Open any signal for its permanent analysis page.
EMN's dividend yield is 5.19%, attractive in turbulent markets. Wells Fargo downgraded EMN from Overweight to Equal-Weight with a price target of $70. Citigroup maintained a Buy rating, raising the price target from $70 to $72. Recent quarterly results from EMN were downbeat, impacting investor sentiment. Analyst ratings suggest mixed views on EMN's future performance.
View signal analysisEastman Chemical Co reported weaker-than-expected quarterly results on Nov. 3. Evercore ISI lowered EMN's price target from $75 to $70. Analyst sentiment for EMN remains cautious with mixed ratings. Dividend yield for EMN stands at 5.39%, attracting cautious investor interest. Market conditions are affecting high-yield dividend stocks like EMN.
View signal analysisEastman Chemical reported disappointing quarterly results on Nov. 3. Mizuho analyst downgraded EMN's price target to $75 from $80. Morgan Stanley maintained an Overweight rating but cut price target to $115. Investors favor dividend-yielding stocks during market uncertainties. EMN has a dividend yield of 5.47%, attractive to investors.
View signal analysisJP Morgan downgraded EMN from Overweight to Neutral, lowering forecast to $76. First-quarter EPS of $1.91 beat estimates, but sales were below expectations. EMN anticipates Q2 EPS of $1.70-$1.90, below consensus of $2.18. U.S.-China tariffs and maintenance will negatively impact Q2 earnings. Analyst cuts 2025 EPS estimate to $7.40 from $8.45 amid trade uncertainties.
View signal analysisEMN will report Q2 2024 results on July 25. EMN's earnings surprise was 14.2% in the last quarter. Cost-cutting initiatives yielded $200 million savings in 2023. However, EMN faces weak demand in certain markets. Zacks predicts an earnings beat with a +0.29% Earnings ESP.
View signal analysis- Eastman Chemical reported revenue of $2.31 billion, down 4.2% over last year. - EPS was $1.61, compared to $1.63 in the year-ago quarter, with surprises in revenue and EPS. - Net sales for various segments showed mixed year-over-year changes. - Adjusted EBIT for different segments varied from analyst estimates. - Eastman Chemical stock returned -3.2% in the past month, with a Zacks Rank #2. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
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