All segments report record quarterly earnings - Eastman
29 Jul '11
6 min read
In addition, we will have costs related to planned and unplanned shutdowns that are expected to be approximately $25 million higher in the second half of 2011 compared with the first half. Even with these higher costs, we expect third quarter 2011 earnings per share to be slightly higher than third quarter 2010 earnings per share of $2.22. In addition, we expect full-year 2011 earnings per share to be slightly higher than $9.25." Costs and charges related to acquisitions that could be completed in the second half of the year are excluded from earnings projections.
Eastman's chemicals, fibers and plastics are used as key ingredients in products that people use every day. Approximately 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions.