Eastman Chemical EMN Q3 2026 earnings

“Eastman delivered solid results amid ongoing global macroeconomic uncertainty and escalation of the Middle East conflict. Input costs continued to elevate, and the Eastman team successfully implemented higher sequential price increases in our specialties. We remain on track to implement approximately $500 million of selling price increases in 2026 compared to our expectations from before the Middle East conflict began. In addition, sequential sales volume/mix decreased due to seasonal declines across our key end markets and softening underlying demand in automotive and consumer durables. We also remain confident in the circular platform and are positioned for solid revenue growth this year. In this context, we remained focused on our disciplined approach toward cost savings, and we remain on track to reduce costs by $125 million to $150 million, net of inflation in 2026. We also continue to emphasize the importance of operating cash flow in this dynamic environment.”