Eastman Reports Record Adjusted EPS in Second Quarter

Date: 29 July 2015
Source: Eastman Chemical Company

Date: 29 July 2015

Eastman Chemical Company (NYSE:EMN) announced on July 27, 2015 earnings, excluding non-core items, of $2.01 per diluted share for second quarter 2015 versus $1.92 per diluted share for second quarter 2014.

Reported earnings were $1.98 per diluted share for second quarter 2015 versus $1.92 per diluted share for second quarter 2014.For detail of the excluded items and reconciliation to reported company and segment earnings, see Tables 3A and 4.  

"Our record results in second quarter and strong performance in the first half of the year demonstrate the quality of our robust specialty portfolio, the value of our acquisitions, and most importantly our ability to focus on execution and deliver results," said Mark Costa, chairman and CEO. "We remain confident we will deliver our sixth consecutive year of solid earnings growth in 2015." See "Outlook" for the items excluded from annual earnings comparisons.

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