Eastman Chemical Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 2,207 million compared to USD 2,373 million a year ago. Net income was USD 310 million compared to USD 1 million a year ago. Basic earnings per share from continuing operations was USD 2.63 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 2.61 compared to USD 0.01 a year ago.
For the full year, sales was USD 9,210 million compared to USD 10,580 million a year ago. Net income was USD 894 million compared to USD 793 million a year ago. Basic earnings per share from continuing operations was USD 7.54 compared to USD 6.42 a year ago. Diluted earnings per share from continuing operations was USD 7.49 compared to USD 6.35 a year ago.