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Eastman Chemical: Q4 Earnings Snapshot

KINGSPORT, Tenn. (AP) — KINGSPORT, Tenn. (AP) — Eastman Chemical Co. (EMN) on Thursday reported fourth-quarter earnings of $105 million.

The Kingsport, Tennessee-based company said it had profit of 92 cents per share. Earnings, adjusted for non-recurring gains, came to 75 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The specialty chemicals maker posted revenue of $1.97 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $2.04 billion.

For the year, the company reported profit of $474 million, or $4.10 per share. Revenue was reported as $8.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMN at https://www.zacks.com/ap/EMN

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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