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

• Huntsman Corp HUN.N reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of seventeen analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -25 cents to 4 cents per share.

• Revenue fell 7.4% to $1.46 billion from a year ago; analysts expected $1.49 billion.

• Huntsman Corp's reported EPS for the quarter was a loss of 92 cents​.

• The company reported a quarterly loss of $158 million.

• Huntsman Corp shares had fallen by 4.9% this quarter and lost 45.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 428.2% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• 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 19.2% above its last closing price of $9.70

This summary was machine generated from LSEG data July 31 at 09:58 p.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)