so, eastman chemical company is a company that makes different things like chemicals and products. they are going to tell everyone how much money they made in the last few months on july 25th. people think they did pretty well because they found ways to save money and make their products better. but, they might have sold less stuff because some markets are not doing so well. people think they will still do better than what they said they would do. Read from source...
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* Earnings release scheduled for 25-Jul-2024
* Positive surprise trend with an average of around 5% over the trailing four quarters
* Estimated revenues show a marginal increase of 1.9% year-over-year
* The positive trend could be driven by cost-cutting initiatives, pricing discipline, lower raw material and energy costs, and asset utilization improvement
* However, potential headwinds include soft demand in some markets and continued de-stocking in specific sectors
* Market segments to watch for potential positive surprises include Agnico Eagle Mines Limited (AEM), ATI Inc. (ATI), and Kinross Gold Corporation (KGC)
* Overall, monitoring the upcoming earnings release and understanding the factors at play can help make more informed investment decisions