Q1 26 EPS
$1.09
BEAT +2.42%
Est. $1.06
Q1 26 Revenue
$2.18B
MISS 0.06%
Est. $2.18B
vs S&P Since Q1 26
-4.7%
TRAILING MARKET
EMN +2.5% vs S&P +7.2%
Market Reaction
Did EMN Beat Earnings? Q1 2026 Results
Eastman Chemical posted a modest beat on the bottom line in Q1 2026, with adjusted diluted EPS of $1.09 edging past the consensus estimate of $1.06 by 2.42%, though the quarter still reflected meaningful year-over-year pressure as revenue fell 4.9% t… Read more Eastman Chemical posted a modest beat on the bottom line in Q1 2026, with adjusted diluted EPS of $1.09 edging past the consensus estimate of $1.06 by 2.42%, though the quarter still reflected meaningful year-over-year pressure as revenue fell 4.9% to $2.18 billion, essentially in line with expectations. The headline weakness was driven by a confluence of factors, most notably a 22% revenue decline in the Fibers segment from ongoing acetate tow destocking and soft consumer discretionary demand, compounded by Winter Storm Fern lifting energy costs across the business and Chemical Intermediates softness on weak commodity markets. GAAP diluted EPS came in at $0.93, down sharply from $1.57 a year ago, while gross profit slipped to $431.00 million from $567.00 million. Still, the company highlighted meaningful sequential momentum, with revenue up 10% from Q4 2025's $1.97 billion. Management pointed to tightening olefin markets and roughly $500.00 million in portfolio-wide price increases as key tailwinds, projecting Q2 2026 adjusted EPS of $1.70 to $1.90 and expressing confidence in significant full-year earnings improvement over 2025.
Key Takeaways
- • Sequential specialty business volume/mix improvement of >10% from Q4 2025
- • 240 basis points of sequential adjusted EBIT margin improvement
- • Favorable foreign currency exchange impact of 3%
- • Continued cost-reduction initiatives
- • Expected tariff refund under International Emergency Economic Powers Act
- • Customer inventory destocking in acetate tow reduced Fibers revenue significantly
- • Weak commodity market conditions in Chemical Intermediates
- • Winter Storm Fern increased energy costs across businesses
EMN YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
EMN Revenue by Segment
With YoY comparisons, source: SEC Filings
EMN Revenue by Geography
With YoY comparisons, source: SEC Filings
“We delivered a solid first quarter that was in line with our expectations for both earnings and cash flow. I am proud of the way we took immediate steps to position our company to create opportunities and navigate yet another significant disruption in our industry. As global markets reacted to the conflict in the Middle East, the Eastman team quickly took decisive actions to secure supply for crucial raw materials, adjust prices where necessary, and partner with our customers to help them navigate this uncertainty.”
— Mark Costa, Q1 2026 Earnings Press Release
EMN Earnings Trends
EMN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
EMN EPS Trend
Earnings per share: estimate vs actual
EMN Revenue Trend
Quarterly revenue: estimate vs actual
EMN Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $1.82 | $1.97 | +8.18% | $2.51B | +4.73% |
| Q1 26 BEAT | $1.06 | $1.09 | +2.42% | $2.18B | -0.06% |
| Q4 25 BEAT FY | $0.72 | $0.75 | +4.15% | $1.97B | -2.09% |
| FY Full Year | $5.39 | $5.42 | +0.63% | $8.75B | -0.42% |
| Q3 25 MISS | $1.17 | $1.14 | -2.16% | $2.20B | -3.23% |
| Q2 25 MISS | $1.75 | $1.60 | -8.71% | $2.29B | -0.75% |
| Q1 25 BEAT | $1.89 | $1.91 | +1.22% | $2.29B | -1.72% |