05:40 PM EDT, 04/25/2024 (MT Newswires) -- Eastman Chemical ( EMN ) reported Q1 adjusted earnings late Thursday of $1.61 per diluted share, down from $1.63 per share a year earlier.

Analysts polled by Capital IQ expected $1.43.

Revenue for the quarter ended March 31 fell to $2.31 billion from $2.41 billion a year earlier. Analysts surveyed by Capital IQ expected $2.29 billion.

For 2024, the company said it continues to expect EPS of $7.25 to $8. The consensus is for $7.67.

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