Eastman Chemical reported October 29 that third-quarter sales increased to $2.385 billion from $2.202 billion a year earlier.
The company said diluted earnings rose to $2.19 a share from 60 cents. Adjusted diluted earnings, which exclude specified non-core and unusual items and use an adjusted tax provision, increased to $1.84 from $1.14. The adjusted measure differs from its reported earnings.
Earnings before interest and taxes reached $305 million, compared with $188 million a year earlier. Operating cash flow declined to $290 million from $402 million.
Eastman said higher selling prices substantially offset rising raw-material and distribution costs in Advanced Materials. It also pointed to stronger performance in Additives & Functional Products.
Management said the company remained on track for $125 million–$150 million in cost savings, net of inflation. It expected to release working capital in the fourth quarter. Those expectations concern future performance and are not completed results.
Sources: Eastman October 29 earnings release via Business Wire: https://www.stocktitan.net/news/EMN/eastman-announces-third-quarter-2026-financial-kmkizp5sue8a.html