AI brief of an SEC Form 8-K · Eastman Chemical (EMN)

Eastman Q1 2026 adjusted EPS falls to $1.09 from $1.91 as sales drop 5%

Negative Impact 3 of 5 earnings Written later

Eastman Chemical reported first-quarter 2026 sales of $2,177 million, down 5% from $2,290 million a year earlier, and adjusted earnings per diluted share of $1.09 versus $1.91. The company projected second-quarter 2026 adjusted EPS of $1.70 to $1.90, which is well above the first quarter but is a sequential range rather than a comparison to the prior year.

Key points

  • Sales were $2,177 million versus $2,290 million; Fibers fell 22% and Chemical Intermediates fell 9%.
  • Adjusted EBIT was $200 million versus $311 million; GAAP EPS was $0.93 versus $1.57.
  • Second-quarter 2026 adjusted EPS is projected at $1.70 to $1.90, with about $45 million of planned maintenance costs.
  • Net cash used in operating activities was $137 million versus $167 million a year earlier.

The filing

CompanyEastman Chemical (EMN)
Form8-K, current report
Filed with the SECApr 30, 2026, 4:17 PM ET
Accession number0000915389-26-000094

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.