Huntsman: Q3 Earnings Snapshot
By AP News
Published - Nov 04, 2024, 04:43 PM ET
Last Updated - Dec 16, 2024, 05:41 PM EST
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Monday reported a loss of $33 million in its third quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 19 cents. Earnings, adjusted for non-recurring costs, were 10 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The chemical company posted revenue of $1.54 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.55 billion.
