Eastman Chemical Company (NYSE:EMN) Q3 2023 Earnings Call Transcript October 27, 2023 8:00 AM ET

Company Participants

Greg Riddle - IR

Mark Costa - CEO

William McLain - CFO

Conference Call Participants

David Begleiter - Deutsche Bank

Frank Mitsch - Fermium Research

Vincent Andrews - Morgan Stanley

Patrick Cunningham - Citigroup

Jeff Zekauskas - JPMorgan

Salvator Tiano - Bank of America

Michael Leithead - Barclays

James Cannon - UBS

Kevin McCarthy - Vertical Research Partners

Aleksey Yefremov - KeyBanc Capital Markets

Duffy Fischer - Goldman Sachs

Operator

Good day, everyone, and welcome to the Third Quarter 2023 Eastman Conference Call. Today's conference is being recorded. This call is being broadcast live on the Eastman's website www.eastman.com.

We will now turn this call over to Mr. Greg Riddle of Eastman, Investor Relations. Please go ahead, sir.

Greg Riddle

Thank you, Jordan. Good morning, everyone, and thank you for joining us. On the call with me today are Mark Costa, Board Chair and CEO; William McLain, Executive Vice President and CFO; and Jake LaRoe, Manager, Investor Relations. Yesterday after market closed, we posted our third quarter 2023 financial results news release and SEC 8-K filing. Our slides and the related prepared remarks in the Investors section of our website, which is 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 our future expectations are or will be detailed in our third quarter 2023 financial results news release, during this call, in the preceding slides and prepared remarks and in our filings with the Securities and Exchange Commission, including the Form 10-K filed for full-year 2022 and the Form 10-Q to be filed for third quarter 2023.

Second earnings referenced in this presentation exclude 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 third quarter 2023 financial results news release.

As we posted the slides an accompanying prepared remarks on our website last night, we will now go straight into Q&A.

Jordan, please let's start with our first question.

Question-and-Answer Session

Operator

Thank you. [Operator Instructions] Our first question comes from David Begleiter of Deutsche Bank. David, the line is yours.

David Begleiter

Thank you, good morning. Mark, thanks for the comments on 2024 in the prepared comments. Can you provide a little more color on the potential you think for 2024 earnings in this macro?