Earnings Summary

Eastman Chemical Co.’s revenue fell -7.08% since last year same period to $2205Mn in the Q4 2023. On a quarterly growth basis, Eastman Chemical Co. has generated -45.56% fall in its revenue since last 3-months.

Eastman Chemical Co.’s net profit jumped 15400% since last year same period to $310Mn in the Q4 2023. On a quarterly growth basis, Eastman Chemical Co. has generated 74.16% jump in its net profits since last 3-months.

Eastman Chemical Co.’s net profit margin jumped 16580.95% since last year same period to 14.06% in the Q4 2023. On a quarterly growth basis, Eastman Chemical Co. has generated 219.88% jump in its net profit margins since last 3-months.

Eastman Chemical Co.’s price-to-earnings ratio after this Q4 2023 earnings stands at 12.87.

Eastman Chemical Co.’s earning per share (EPS) estimates for the current quarter stand at 1.43 - a 10% jump from last quarter’s estimates.

Eastman Chemical Co.’s earning per share (EPS) estimates for the current year stand at 1.43.

Eastman Chemical Co.’s earning per share (EPS) jumped 47.19% since last year same period to 1.31 in the Q4 2023. This indicates that the Eastman Chemical Co. has generated 47.19% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Eastman Chemical Co.’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Eastman Chemical Co.’s return on equity (ROE) stands at 0.17.

Eastman Chemical Co. declared 0.81 dividend per share during the earnings announcement for Q4 2023.