Eastman Chemical Watchlist

tz-plus logo Eastman Chemical Company: Insider Buying Worth $1.944 million!

R. Dietenberger
Reading Time: 2 minutes

The Eastman Chemical Company (EMN) is a provider of specialty chemicals. The company announced its Q2 results on July 31. Revenue was slightly below expectations at $2.29 billion, while the adjusted earnings per share of $1.60 significantly missed analysts' forecasts. The main drivers for this development were weak demand in key markets such as construction and automotive, customer behavior regarding inventory reduction, and the ongoing trade conflict with China. Despite the difficult situation, the company demonstrated resilience in its "Additives...

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