Source: Seeking Alpha News Agency
1 month ago•
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Ride The Sector Cycle To Double-Digit Returns: Eastman

Ride The Sector Cycle To Double-Digit Returns: Eastman

Eastman Chemical Company stands out in the cyclical chemical sector for its disciplined management and consistent dividend growth, outperforming peers like DOW and LYB. EMN reported Q2 EPS of $1.97 and revenue of $2.51B, beating estimates, with management expecting Q3 EPS to nearly match Q2 despite historical seasonality. The Renew business line doubled revenue year-over-year, and EMN maintains margin resilience by passing feedstock costs to customers, supporting ongoing free cash flow.
Source: Seeking Alpha
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