Overview
Huntsman Q2 revenue falls 7% yr/yr, missing analyst expectations, per LSEG data
Adjusted EBITDA for Q2 misses consensus, declining to $74 mln, per LSEG data
Co's restructuring will ultimately reduce our global workforce by nearly 10%
Outlook
Huntsman expects muted construction demand trends to continue in Q3 2025
Company plans to spend $180 mln to $190 mln on capital expenditures in 2025
Result Drivers
CONSTRUCTION DEMAND - Lower global construction activity and muted seasonal uplift pressured volumes, per CEO Peter Huntsman
RESTRUCTURING - Co's ongoing restructuring, including facility closures and workforce reduction, to reduce costs
PRICE AND VOLUME - Lower average selling prices and sales volumes impacted revenues across segments
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $1.46 bln | $1.50 bln (13 Analysts) |
Q2 Adjusted Net Income | Miss | -$34 mln | -$20.20 mln (10 Analysts) |
Q2 Net Income |
| -$158 mln |
|
Q2 Adjusted EBITDA | Miss | $74 mln | $75.50 mln (13 Analysts) |
Q2 Gross Profit |
| $182 mln |
|
Q2 Operating Income |
| -$120 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 12 "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 $12.00, about 17.4% above its July 30 closing price of $9.91
Press Release: ID:nPn8QWj7fa