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

Huntsman

31/10/2023 21:58

* Huntsman Corp  HUN.N  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of 71
cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 14 cents to 25 cents per share.
    * Revenue fell 25.1% to $1.51 billion from a year ago;
analysts
expected $1.55 billion. 
    * Huntsman Corp's reported EPS for the quarter was breakeven
results​.
    * The company reported break even results for the quarter.
    * Huntsman Corp shares had fallen by 4.8% this quarter and
lost 15.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 32.6%
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," 11
"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
$26.50 
This summary was machine generated from LSEG data October 31 at
09:58 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.10           0.04           Missed