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Eastman Chemical — Apr 30, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000915389-26-000094
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Planned maintenance cost headwind
“approximately $45 million”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 11
Price increases across the portfolio
“~$500 million”
Methanolysis facility incremental earnings
“~$30 million”
Automotive end market demand for FY2026
“decline by low-single-digits”
Cost reduction for FY2026
“between $125 million and $150 million, net of inflation”
Cost savings target, net of inflation for FY2026
“between $125 million and $150 million”
Capital expenditures for FY2026
“approximately $400 million”
Earnings growth vs. prior year for FY2026
“significantly improve earnings in 2026 versus 2025”
Operating cash flow for FY2026
“approach 2025 levels”
Costs from planned maintenance for Q2 FY2026
“approximately $45 million”
Planned maintenance cost headwind for Q2 FY2026
“approximately $45 million”
Adjusted diluted EPS for Q2 FY2026
“$1.70 to $1.90”
Exhibit 99.1 · the passage around this item
… earlier in the release
“Looking specifically at the sequential second-quarter outlook, we expect tailwinds from improved sales volume/mix in Advanced Materials and, to a lesser extent, Additives & Functional Products, as well as substantial spread improvement in Chemical Intermediates. We expect specialty price increases to keep pace with higher raw material and distribution costs through the quarter. Headwinds include approximately $45 million of costs from planned maintenance. When putting these factors together, we project second-quarter adjusted EPS to be in the range of $1.70 to $1.90.” The second-quarter 2026 projected adjusted diluted EPS excludes any non-core, unusual, or nonrecurring items. Our financial results forecasts do not include non-core items (such as mark-to-market pension and other post-retirement benefit gain or loss, and asset impairments and restructuring charges) or any unusual or non-recurring items because we are unable to predict with reasonable certainty the financial impact of such items. These items are uncertain and depend on various factors, and we are unable to reconcile projected adjusted diluted EPS excluding non-core and any unusual or non-recurring items to reported GAAP diluted EPS without unreasonable efforts. Forward-Looking Statements The information in this release and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, volumes, pricing, margins, cost reductions, expenses, taxes, liquidity, capital expenditures,
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.