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

Reuters
05 Nov 2024

* Huntsman Corp 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

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