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Eastman Chemical Says 2Q Will Be Near Street View

Stock quotes in this article: EMN  

KINGSPORT, Tenn. (AP) — Chemical, fiber and plastic maker Eastman Chemical Co. said on Thursday it expects second-quarter earnings per share to be "similar to" the current analyst expectation of 71 cents per share.

The company left unchanged its full-year guidance for a profit of $2 to $3 per share. Analysts surveyed by Thomson Reuters were expecting a profit of $2.29 per share.

The news came the same day Eastman recorded a $2 million first-quarter profit even as results declined in most of its segments. The company said it is still on track to preserve its dividend. ...

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