108.44 +0.02 (0.02%)
After hours: 4:14PM EDT
|Bid||102.50 x 1100|
|Ask||112.50 x 1300|
|Day's Range||108.30 - 109.61|
|52 Week Range||78.59 - 112.45|
|PE Ratio (TTM)||11.45|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||2.24 (2.12%)|
|1y Target Est||112.78|
Forecast-topping Q1 earnings performance and upbeat 2018 view have contributed to the spike in Eastman Chemical's (EMN) shares.
The price increase will be effective from June 1, or as the contract allows. The effects of the price increase will be seen mostly in the United States, Canada, and South America. Apart from the above-mentioned price hikes, CE has announced the price hikes of MIBK (methyl isobutyl ketone) and MIBC (methyl isobutyl carbinol).
On May 16, the board of Air Products and Chemicals (APD) made an announcement regarding its quarterly dividend. At the end of its fiscal second quarter, APD had 220.8 million outstanding shares. If APD doesn’t engage in share buybacks before the record date, it will be spending ~$242.9 million in the form of dividend payments.
LONDON, UK / ACCESSWIRE / May 17, 2018 / If you want access to our free earnings report on Eastman Chemical Co. (EMN) ("Eastman"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EMN. The Company reported its first quarter fiscal 2018 operating and financial results on April 26, 2018. Active-Investors.com is currently working on the research report for Tronox Limited (TROX), which also belongs to the Basic Materials sector as the Company Eastman Chemical.
“When we assume a new maintenance contract, we work hard to retain the best talent, understanding how important it is to maintain site knowledge and limit the disruption of change.”
If formally approved next week, this would be the second-largest FastTrack economic development grant a company has received since the start of 2011.
International Flavors and Fragrances’ (IFF) Fragrances segment contributes the most to its overall revenue. This segment accounted for 51.8% of the company’s revenue in 1Q18 compared to 51.0% in 1Q17, an increase of 0.8 percentage points on a YoY (year-over-year) basis. The Fragrances segment reported revenue of $481.9 million, a rise of 14.2% on a YoY (year-over-year) basis, in the quarter.
Eastman Chemical Company today announced it has completed the previously announced Eastman Tritan(TM) copolyester expansion at its Kingsport, Tennessee, manufacturing site. "We are excited to announce the completion of our Tritan expansion and are pleased with the performance we`re seeing from this new investment," said Burt Capel, vice president and general manager of Eastman`s Specialty Plastics business. Eastman is also announcing an additional planned expansion of copolyester production to also be added at its Kingsport site.
Media Advisory Issued May 8, 2018 Basic Materials Conference Brad Lich, Executive Vice President and Chief Commercial Officer, Eastman Chemical Company (NYSE:EMN), will address the Goldman Sachs Basic ...
DowDuPont’s (DWDP) Specialty Products segment is expected to be spun off into an independent company by June 1, 2019. The Specialty Products segment consists of four businesses. This segment reported combined revenues of $5.6 billion, which accounts for 26.0% of DWDP’s total revenues, an increase of 1.3% on a year-over-year basis. The reported revenues implies growth of 10.8% over 1Q17’s reported revenues of $5.0 billion.
DowDuPont (DWDP) announced its 1Q18 earnings before the market opened on May 3. It reported adjusted earnings per share (or EPS) of $1.12, an increase of 6.7% over its pro forma adjusted earnings per share of $1.05. The company beat the analysts’ adjusted earnings per share estimate of $1.10. In this series, we’ll look at DowDuPont’s earnings, revenues, and segment-wise performance.
International Flavors and Fragrances (IFF) is expected to report revenues of $911.3 million, which would be a 10.0% increase compared to 1Q17. If the company meets expectations, it would mean that IFF’s Q1 revenues have risen at a CAGR (or compound annual growth rate) of 4.6% in the past five years. IFF’s projected revenue growth is expected to be driven by organic growth.
KINGSPORT, Tenn., May 3, 2018 - The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.56 per share on the company`s common stock. The dividend ...
KINGSPORT, Tenn., May 3, 2018 - At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders: reelected directors Humberto P. Alfonso, Brett D. Begemann, Michael P. Connors, ...
DowDuPont (DWDP) reported revenues of ~$21.5 billion for 1Q18 today, reflecting growth of 5.1% over the pro forma revenues of 1Q17 from continuing operations. The company beat Wall Street analysts’ estimates of ~$8.25 billion. DWDP’s revenue grew on good performance from the Material Science division, which increased 17%, while the Specialty Products division grew by 11%. However, the Agriculture division declined 25% due to a shift in cultivation because of the weather. A weak US dollar helped revenue grow 4%.
LyondellBasell’s (LYB) Refining segment accounted for 23.1% of its total revenue in 4Q17 compared to 20.1% in 1Q18, indicating a YoY (year-over-year) rise of 4.1%.
LyondellBasell’s (LYB) Intermediates and Derivatives (or I&D) segment accounted for 24.0% of its total revenue in 1Q18 compared to 25.5% in 1Q17, indicating a fall of 1.5% on a YoY (year-over-year) basis.
For 1Q18, LyondellBasell (LYB) reported revenue of $9.8 billion, an increase of 15.9% on a YoY (year-over-year) basis. In 1Q17, its revenue totaled $8.4 billion.
Chemical company LyondellBasell (LYB) announced its 1Q18 earnings on April 27, 2018. It reported adjusted EPS (earnings per share) of $3.11 compared to analysts’ estimate of $2.74.
On April 23, Huntsman (HUN) announced that it had completed the acquisition of Demilec, a leading manufacturer and distributor of spray polyurethane foam (SPF) insulation systems. Huntsman agreed to buy Demilec on March 13 in an all-cash transaction worth $350 million.
On April 27, Celanese (CE) announced product price increases in Asia, which are set to be effective from May 1: vinyl acetate monomer prices will be increased by 600 Chinese yuan per metric ton in China and $100 per metric ton outside China vinyl acetate emulsion prices will be increased by 400 Chinese yuan per metric ton in China and $75 per metric ton outside China
Media Advisory Issued May 1, 2018 Industrials Conference Curt Espeland, Executive Vice President and Chief Financial Officer, Eastman Chemical Company (NYSE:EMN), will address the Wells Fargo Industrials ...
LyondellBasell (LYB) reported revenues of 9.77 billion for 1Q18 today, reflecting growth of 15.9% year-over-year. LYB reported revenues of $8.43 billion in 1Q17. The company beat Wall Street analysts’ estimates of ~9.4 billion. LYB’s revenue growth was driven by higher volumes and improved prices. With the exception of the technology segment, all other reporting segments’ revenues grew.