Eastman Chemical (EMN) reported Q1 adjusted earnings late Thursday of $1.91 per diluted share, up from $1.61 per share a year earlier.

Analysts polled by FactSet expected $1.89.

Revenue for the quarter ended March 31 fell to $2.29 billion from $2.31 billion a year earlier.

Analysts surveyed by FactSet expected $2.33 billion.

The company said it expects Q2 adjusted EPS to be in the range of $1.70 to $1.90. Analysts polled by FactSet expect $2.18.

Eastman Chemical shares were down more than 3% in recent after-hours activity.