Huntsman Corp reports results for the quarter ended in September 30 - Earnings Summary

Huntsman

05/11/2024 07:54

* Huntsman Corp  HUN.N  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 15
cents.  The mean expectation of seventeen analysts for the
quarter was for earnings of 9 cents per share. Wall Street
expected results to range from 3 cents to 15 cents per share.
    * Revenue rose 2.3% to $1.54 billion from a year ago;
analysts
expected $1.55 billion. 
    * Huntsman Corp's reported EPS for the quarter was a loss
of 19
cents​.
    * The company reported a quarterly loss of $33 million.
    * Huntsman Corp shares had fallen by 10.2% this quarter and
lost 13.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 41.4%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

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 2 "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
25.00 
This summary was machine generated from LSEG data November 5 at
07:54 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
 Sep. 30 2024      0.09           0.10           Beat
 Jun. 30 2024      0.14           0.14           Met
 Mar. 31 2024      -0.06          -0.06          Met
 Dec. 31 2023      -0.17          -0.21          Missed