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HUN — Huntsman News Story

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Specialty chemicals maker Huntsman Q3 revenue meets expectations

Overview

Huntsman Q3 revenue meets analyst expectations at $1.46 bln

Adjusted EBITDA for Q3 beats estimates at $94 mln

Company reports adjusted net loss of $5 mln

Huntsman reduces quarterly dividend by 65% to preserve financial flexibility

Outlook

Huntsman expects restructuring savings to exceed $100 mln by 2026

Huntsman focuses on cash generation and cost control amid market challenges

Result Drivers

POLYURETHANES - Revenue decline driven by lower average selling prices, partially offset by higher sales volumes

PERFORMANCE PRODUCTS - Revenue decrease due to lower sales volumes and competitive pricing pressures

ADVANCED MATERIALS - Revenue increase driven by favorable currency exchange rates

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMeet$1.46 bln$1.46 bln (13 Analysts)
Q3 Adjusted Net IncomeBeat-$5 mln
Q3 Net Income-$25 mln
Q3 Adjusted EBITDABeat$94 mln$70.86 mln (14 Analysts)
Q3 Gross Profit$204 mln
Q3 Operating Income$6 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 10 "hold" and 4 "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 $9.00, about 14.6% above its November 5 closing price of $7.69 Press Release: ID:nPn1rvFDya For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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