Eastman Chemical Reports Q3 2026 Revenue Growth Driven by Higher Selling Prices
Eastman Chemical (EMN) reported strong third-quarter 2026 results, with sales revenue rising 8% to $2.385 billion. This growth was primarily fueled by a 7% increase in selling prices and improved asset utilization across several segments, including Advanced Materials and Additives & Functional Products. Adjusted earnings per diluted share rose significantly to $1.84, up from $1.14 in the prior year. Despite the strong top-line performance, the company adjusted its full-year 2026 operating cash flow guidance downward to $850 million from a previous estimate of $900 million. This revision is attributed to inflationary pressures on working capital stemming from conflicts in the Middle East. The company continues to focus on long-term growth through its circular recycling platform and metathesis projects, while maintaining disciplined capital allocation.
Tickers: $EMN
Topics: Cash Flow Guidance Cost Savings EPS Guidance Revenue Growth Segment Performance