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Eastman Announces First-Quarter 2021 Results
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Earnings ESG Investors KINGSPORT, Tennessee Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2021 financial results. (In millions, except per share amounts) 1Q21 1Q20 Sales revenue $2,409 $2,241 Earnings before interest and taxes ("EBIT") 389 368 Adjusted EBIT* 400 382 Earnings per diluted share 1.99 1.89 Adjusted earnings per diluted share* 2.13 2.03 Net cash provided by (used in) operating activities 216 171 Free cash flow* 125 72 *For non-core and unusual items excluded from adjusted earnings and for adjusted provision for income taxes, calculation of free cash flow, segment adjusted EBIT margins, and net debt, and reconciliations to reported company and segment earnings and to cash provided by operating activities ...
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