Eastman’s Financial Outlook Still Bright, Despite Operational Setback

Despite an operational setback from last weeks High Pressure Steam Line Failure at Eastman Chemical Company headquarters in Kingsport, officials are reporting first quarter earnings of between two dollars and five cents and two dollars and twenty five cents per share. Much of that attributed to strong earnings in January, that company officials say reflects robust underlying business conditions and Eastman is reaffirming its expectations for adjusted EPS of between 950 and 10 dollars per share for 2022.