Earnings Call Excerpt
Eastman Chemical Company (EMN)
Q2 2009 Earnings Call Transcript
July 24, 2009 8:00 am ET
Executives
Greg Riddle -- IR
Jim Rogers -- President and CEO
Curt Espeland -- SVP and CFO
Analysts
Frank Mitsch -- BB&T Capital Markets
P.J. Juvekar -- Citigroup
Kevin McCarthy -- Bank of America
Jason Miner -- Deutsche Bank
Mike Judd -- Greenwich Consultants
Brian DeRubio [ph] -- Yield Capital Appreciation Partners
Presentation
Operator
Good day, everyone and welcome to the Eastman Chemical Company second quarter earnings 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 the call over to Mr. Greg Riddle of Eastman Chemical Company Investor Relations. Mr. Riddle, please go ahead, sir.
Greg Riddle
Okay, thank you, Rufus; and good morning everyone and thank you for joining us.
On the call with me today are Jim Rogers, President and CEO; Curt Espeland, Senior Vice President and Chief Financial Officer; and, Amelia Nitesh [ph], who is new to our Investor Relations team.
Before we begin, I will cover three items. First, during this call, you will hear certain forward-looking statements concerning our plans and expectations for third quarter and full year 2009. Actual results could differ materially from our plans and expectations. Certain factors related to future expectations are or will be detailed in the company’s second-quarter 2009 financial results news release on our website and in our filings with the Securities and Exchange Commission, including the Form 10-K filed for 2008 and the Form 10-Q to be filed for second quarter 2009.
Second, except when otherwise indicated, all financial measures referenced in the call and in the slides accompanying the call will be non-GAAP financial measures, such as sales revenue, operating earnings, and earnings per share that exclude restructuring-related items. A reconciliation to the most directly comparable GAAP financial measure and other associated disclosures, including a description of the restructuring-related items, are available in our second quarter 2009 financial results news release and the tables accompanying the news release.
Lastly, I want to remind you that we have posted slides that accompany our remarks for this morning’s call on our website at www.eastman.com in the Investor section.
With that, I will turn it over to Jim.
Jim Rogers
Thanks, Greg; and good morning everyone. I will begin on slide 3.
I'm going to start out this morning looking back at some of the outlook statements we gave you during our first quarter earnings call in April. I would like to do this, kind of look back on each quarterly call, good or bad, so that we hold ourselves accountable for the statements we make. I have listed a few of the corporate statements here and we will look at the segment statements when we get to their results.
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