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On August 1, 2025,
experienced a significant drop of 12.81% in pre-market trading, reflecting a notable decline in its stock performance.Eastman Chemical reported a decrease in its second-quarter profit, falling short of analysts' estimates. The company's earnings for the quarter were $140 million, down from $230 million in the same period last year. Earnings per share (EPS) also declined to $1.20, compared to $1.94 in the previous year. Revenue for the quarter was $2.287 billion, slightly lower than the $2.363 billion reported in the same period last year.
Eastman Chemical's financial results for the second quarter of 2025 were impacted by global trade challenges, which contributed to a 38% drop in EPS to $1.20. The company's earnings, adjusted for non-recurring costs and asset impairment, were also affected by these challenges.
Eastman Chemical's earnings and revenue surprises for the quarter ended June 2025 were -6.98% and -0.13%, respectively. These figures suggest that the company's performance did not meet market expectations, which could have contributed to the decline in its stock price.

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