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Eastman Chemical Company (NYSE:EMN) Q1 2024 Earnings Call Transcript

Eastman Chemical Company (NYSE:EMN) Q1 2024 Earnings Call Transcript April 26, 2024

Eastman Chemical Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).

Operator: Good day, everyone, and welcome to the First Quarter 2024 Eastman Conference Call. Today's conference is being recorded. This call is being broadcast live on the Eastman website, www.eastman.com. We'll now turn the call over to Mr. Greg Riddle of Eastman Investor Relations. Please go ahead, sir.

A close-up of a chemist in a white lab coat, mixing raw materials for specialty products.
A close-up of a chemist in a white lab coat, mixing raw materials for specialty products.

Greg Riddle: Okay. Thank you, Lydia, and good morning, everyone, and thank you for joining us. On the call with me today are Mark Costa, Board Chair and CEO; Willie McLain, Executive Vice President and CFO; and Jake LaRoe, Manager, Investor Relations. Yesterday, after market closed, we posted our first quarter 2024 financial results news release and SEC 8-K filing, our slides and the related prepared remarks in the Investors section of our website, www.eastman.com. Before we begin, I'll cover two items. First, during this presentation, you will hear certain forward-looking statements concerning our plans and expectations. Actual events or results could differ materially. Certain factors related to future expectations are or will be detailed in our first quarter 2024 financial results news release, during this call, in the preceding slides and prepared remarks, and in our filings with the SEC, including the Form 10-K filed for full-year 2023 and the Form 10-Q to be filed for first quarter 2024.

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Second, earnings referenced in this presentation excludes certain non-core and unusual items. Reconciliations to the most directly comparable GAAP financial measures and other associated disclosures, including a description of the excluded and adjusted items are available in the first quarter 2024 financial results news release. As we posted the slides and accompanying prepared remarks on our website last night, we will now go straight into Q&A. Lydia, please let's start with our first question.

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To continue reading the Q&A session, please click here.