Picture of Huntsman logo

HUN — Huntsman News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsAdventurousMid CapContrarian

Huntsman Q2 revenue beats analyst expectations on higher volumes and pricing

Huntsman Q2 revenue beats analyst expectations on higher volumes and pricing


Overview

  • US chemical maker's Q2 revenue rose 14% yr/yr, beating analyst expectations

  • Adjusted EBITDA for Q2 beat consensus; adjusted net income was flat vs. year ago loss

  • Company cites higher volumes and pricing, but notes energy cost headwinds, especially in Europe


Outlook

  • Huntsman expects 2026 capital expenditures to be approximately $170 mln

  • Company says rising and volatile energy and crude oil costs, especially in Europe, remain a headwind

  • Huntsman expects the planned merger with Olin to deliver synergy targets and strengthen financial profile


Result Drivers

  • HIGHER VOLUMES AND PRICING - Co said increased sales volumes and higher average selling prices across all segments drove revenue growth

  • INDUSTRIAL DEMAND - Improved industrial demand, including in performance amines and markets such as aerospace, power and automotive, contributed to higher segment sales

  • COST AND ENERGY HEADWINDS - Rising and volatile energy and crude oil related costs, particularly in Europe, weighed on results; company said price increases and cost reductions were used to offset these pressures


Company press release: ID:nPn278ZNHa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$1.66 bln

$1.61 bln (12 Analysts)

Q2 Net Loss Attributable

$6 mln

Q2 Adjusted EBITDA

Beat

$120 mln

$118.16 mln (12 Analysts)

Q2 Gross Profit

$245 mln

Q2 Operating Income

$37 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the diversified chemicals peer group is "buy."

  • Wall Street's median 12-month price target for Huntsman Corp is $14.00, about 17.1% above its July 29 closing price of $11.96


Reuters Recommended Reads

  • July 28 - Ashland Q3 profit beats on higher volume, pricing; cuts FY EPS forecast

  • July 29 - Stepan Q2 net sales rise on surfactant, polymer growth; to cut jobs

  • July 30 - Syensqo raises profit outlook as materials business returns to growth


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Huntsman

See all news