We are retaining our Outperform recommendation on Eastman Chemical Company’s (NYSE:EMN) following our assessment of its first-quarter 2012 results.  Adjusted earnings of $1.22 a share outstripped the Zacks Consensus Estimate of $1.14.
Revenues rose 4% year over year to $1,821 million, yet missed the Zacks Consensus Estimate. The growth was backed by higher selling prices and double-digit revenue expansion at the Tennessee-based company’s Fibers segment.
Eastman Chemical expects volatility … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards