Eastman Chemical Plunges 12.81% on Earnings Miss

Generated by AI AgentAinvest Pre-Market Radar
Friday, Aug 1, 2025 8:02 am ET1min read
Aime RobotAime Summary

- Eastman Chemical's stock plummeted 12.81% pre-market after Q2 earnings missed estimates.

- Q2 profit fell to $140M ($1.20 EPS) from $230M ($1.94 EPS) in 2024, with revenue declining to $2.287B.

- Global trade challenges caused a 38% EPS drop, impacting adjusted earnings despite cost/impairment adjustments.

- Earnings/revenue surprises of -6.98%/-0.13% signaled underperformance, exacerbating investor concerns.

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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