Eastman Chemical Files 8-K on Operations & Financial Condition
Ticker: EMN · Form: 8-K · Filed: Feb 1, 2024 · CIK: 915389
| Field | Detail |
|---|---|
| Company | Eastman Chemical Co (EMN) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-filing
TL;DR
**EMN just filed an 8-K on its financial results, keep an eye out for details.**
AI Summary
Eastman Chemical Company (EMN) filed an 8-K on February 1, 2024, to report on its results of operations and financial condition. The filing specifically mentions its Common Stock, with a par value of $0.01 per share, and its 1.875% Notes Due 2026, both registered on the New York Stock Exchange. This matters to investors because it provides a formal update on the company's financial status, which can influence stock performance and bondholder confidence.
Why It Matters
This filing provides a formal, public update on Eastman Chemical's financial health, which is crucial for investors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information and does not inherently indicate new risks, but rather provides data for risk assessment.
Analyst Insight
Investors should review the full financial statements and exhibits, once available, to understand the specific 'Results of Operations and Financial Condition' mentioned in this 8-K, as this filing only indicates the event occurred without providing the detailed results themselves.
Key Numbers
- $0.01 — Common Stock par value (This is the stated par value per share for Eastman Chemical's common stock.)
- 1.875% — Notes interest rate (This is the annual interest rate for Eastman Chemical's Notes Due 2026.)
- 2026 — Notes due date (This is the maturity year for Eastman Chemical's 1.875% Notes.)
Key Players & Entities
- EASTMAN CHEMICAL COMPANY (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where Eastman Chemical's securities are registered
- $0.01 (dollar_amount) — par value per share of Common Stock
- February 1, 2024 (date) — date of the earliest event reported and filing date
Forward-Looking Statements
- Eastman Chemical Company will provide more detailed financial results for the period ending February 1, 2024, in an upcoming earnings report. (EASTMAN CHEMICAL COMPANY) — high confidence, target: Q1 2024 Earnings Report
FAQ
What is the specific date of the earliest event reported in this 8-K filing by Eastman Chemical Company?
The specific date of the earliest event reported in this 8-K filing is February 1, 2024, as stated in the 'Date of report (Date of earliest event reported)' section.
What is the par value per share for Eastman Chemical Company's Common Stock, as indicated in the filing?
The par value per share for Eastman Chemical Company's Common Stock is $0.01, as explicitly stated under 'Title of each class' for 'Common Stock, par value $0.01 per share'.
On which exchange are Eastman Chemical Company's Common Stock and 1.875% Notes Due 2026 registered?
Both Eastman Chemical Company's Common Stock and its 1.875% Notes Due 2026 are registered on the New York Stock Exchange, as listed under 'Name of each exchange on which registered'.
What is the interest rate and maturity year for the Notes mentioned in the filing?
The Notes mentioned in the filing are the '1.875% Notes Due 2026', indicating an interest rate of 1.875% and a maturity year of 2026.
What is the business phone number for Eastman Chemical Company, according to the filing?
The business phone number for Eastman Chemical Company is (423) 229-2000, as provided in the 'Registrant’s Telephone Number, Including Area Code' section.
Filing Stats: 509 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-02-01 16:44:01
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share EMN New York Stock Exchange
Filing Documents
- emn-20240201.htm (8-K) — 34KB
- ex99_0120231231cctables.htm (EX-99.01) — 608KB
- eastman_blackx300dpia.jpg (GRAPHIC) — 22KB
- emn-20240201_g1.jpg (GRAPHIC) — 22KB
- 0000915389-24-000010.txt ( ) — 923KB
- emn-20240201.xsd (EX-101.SCH) — 3KB
- emn-20240201_def.xml (EX-101.DEF) — 15KB
- emn-20240201_lab.xml (EX-101.LAB) — 30KB
- emn-20240201_pre.xml (EX-101.PRE) — 16KB
- emn-20240201_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 1, 2024, the registrant publicly released its financial results for fourth quarter and full year 2023. The full text of the release is furnished as Exhibit 99.01 to this Current Report on Form 8-K, and is incorporated herein by reference. This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits: (d) Exhibits The following exhibits are furnished pursuant to Item 9.01: 99.01 Public release by Eastman on February 1, 2024 of fourth quarter and full year 2023 financial results 104 Cover Page Interactive Data File EASTMAN CHEMICAL COMPANY - EMN Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Eastman Chemical Company By: /s/ Michelle R. Stewart Michelle R. Stewart Vice President, Chief Accounting Officer and Corporate Controller Date: February 1, 2024