Mixed 1Q For Eastman Chemical
Eastman Chemical Company (NYSE:EMN) reported first-quarter 2012 earnings (from continuing operation) of $1.13 per share, a decline from $1.39 per share a year ago. Excluding costs associated with its imminent acquisition of Solutia and one-time gains, the Tennessee-based chemicals maker earned $1.22 a share in the quarter, which topped the Zacks Consensus estimate of $1.14. [...]
Eastman Chemical Company (NYSE:EMN) reported first-quarter 2012 earnings (from continuing operation) of $1.13 per share, a decline from $1.39 per share a year ago. Excluding costs associated with its imminent acquisition of Solutia and one-time gains, the Tennessee-based chemicals maker earned $1.22 a share in the quarter, which topped the Zacks Consensus estimate of $1.14.
Revenues and Margins
Revenues rose 4% year over year to $1,821 million, but missed the Zacks Consensus Estimate of $1,881 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
