Huntsman Corp reports results for the quarter ended in December - Earnings Summary

Huntsman

23/02/2024 03:02

* Huntsman Corp  HUN.N  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 4
cents.  The mean expectation of nineteen analysts for the
quarter was for a loss of 17 cents per share. Wall Street
expected results to range from -25 cents tozero cents per share.
    * Revenue fell 15% to $1.40 billion from a year ago;
analysts
expected $1.33 billion. 
    * Huntsman Corp's reported EPS for the quarter was a loss
of 41
cents​.
    * The company reported a quarterly loss of $71 million.
    * Huntsman Corp shares had fallen by 2.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 351.6% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 10
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the diversified
chemicals peer group is also "hold"

Wall Street's median 12-month price target for Huntsman Corp is
$26.50 
This summary was machine generated from LSEG data February 23 at
03:02 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.17          -0.21          Missed
 Sep. 30 2023      0.19           0.15           Missed
 Jun. 30 2023      0.30           0.22           Missed
 Mar. 31 2023      0.16           0.20           Beat