Eastman Chemical Reports 1st-Quarter Earnings GrowthMay 3, 2017
Eastman Chemical Co. has reported first-quarter earnings of US$278 million, or $1.89 per share, up from $251 million, or $1.69 per share, for the same time period one year ago.
For the quarter, Eastman Chemical posted sales of $2.3 billion, up $2.2 billion from the previous year. Eastman Chemical credited the gains to increased sales revenue in the company’s advanced materials and chemical intermediates divisions.
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About Eastman Chemical
Kingsport, TN-based Eastman Chemical Co. manufactures a broad range of solvents and solutions, including adhesives, fibers, and cleaning chemicals. For more information, visit www.eastman.com.