Eastman Chemical Reports 4th-Quarter Earnings GrowthFebruary 2, 2018
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Eastman Chemical Co. has reported fiscal-fourth-quarter earnings of US$354 million, or $1.62 per share, up from $336 million, or $1.51 per share, for the same time period one year ago.
For the quarter, Eastman Chemical posted sales of $2.36 billion, up 7.8 percent from $2.19 billion in the previous year. Eastman Chemical credited the gains to increased sales volume in the company’s advanced materials and chemical intermediates divisions.
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.