Huntsman (HUN) shares ended the last trading session 5.6% higher at $17.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.2% loss over the past four weeks.HUN’s rally appears to reflect optimism about higher demand in Polyurethanes and Performance Products segments and recovery in aerospace and coatings markets in Advanced Materials. The company is likely to benefit from volume growth on the back of improved de ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Huntsman (HUN) , which belongs to the Zacks Chemical - Diversified industry, could be a great candidate to consider.This chemical company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.89%.For the most recent quarter, Huntsman was expected ...

Core Viewpoint - Huntsman Corporation will hold a conference call on February 18, 2025, to discuss its fourth quarter 2024 financial results, following the release of its earnings press release on February 17, 2025 [1][2]. Company Overview - Huntsman Corporation is a global manufacturer and marketer of differentiated and specialty chemicals, with revenues of approximately $6 billion in 2023 [3]. - The company operates over 60 manufacturing, R&D, and operations facilities in around 25 countries and employs approximately 6,000 associates [3].

Investors in Huntsman Corporation (HUN) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $13.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...

Huntsman Corporation’s (HUN) third-quarter 2024 adjusted earnings per share fell to 10 cents from 15 cents in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate of 9 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues were $1,540 million, up around 2.2% year over year. The top line missed the Zacks Consensus Estimate of $1,550.7 million.HUN’s Segment HighlightsPolyurethanes: Revenues from the segment rose 4% year over year to $1,003 million. It beat our ...

Huntsman Corporation (NYSE:HUN) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Ivan Marcuse - Vice President-Investor Relations and Corporate Development Peter Huntsman - Chairman of the Board, President and Chief Executive Officer Philip Lister - Executive Vice President and Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank Jeffrey Zekauskas - JPMorgan Patrick Cunningham - Citi Michael Sison - Wells Fargo Vincent Andrews - Morgan Stanle ...

THE WOODLANDS, Texas , Nov. 5, 2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that its Board of Directors has declared a $0.25 per share cash dividend on its common stock. The dividend is payable on December 31, 2024, to stockholders of record as of December 13, 2024.About Huntsman:Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2023 revenues of approximately $6 billion. Our chemical products number in the thous ...

Financial Performance - Revenues for Q3 2024 were $1,540 million, a 2% increase from $1,506 million in Q3 2023[152] - Gross profit for Q3 2024 was $234 million, up 1% from $231 million in Q3 2023, while gross profit for the nine months ended September 2024 decreased by 10% to $678 million from $754 million[152] - Operating income for Q3 2024 increased by 56% to $42 million compared to $27 million in Q3 2023, but decreased by 72% for the nine months to $38 million from $138 million[152] - Net loss for Q3 2024 was $17 million, compared to a net income of $15 million in Q3 2023, reflecting a significant decline[152] - Adjusted EBITDA for Q3 2024 was $131 million, a 4% decrease from $136 million in Q3 2023, and down 20% for the nine months to $343 million from $428 million[152] - Net loss attributable to Huntsman Corporation for the nine months ended September 30, 2024, was $212 million, compared to a net income of $103 million for the same period in 2023[156] - Adjusted net income for the nine months ended September 30, 2024, was $30 million, while the adjusted net income per share was $0.17, compared to $0.57 in 2023[156] - Net cash provided by operating activities from continuing operations was $126 million for the nine months ended September 30, 2024, compared to $85 million in 2023[156] - Free cash flow from continuing operations was negative $7 million for the nine months ended September 30, 2024, compared to negative $62 million in 2023[156] Expenses and Costs - Interest expense for Q3 2024 increased by 40% to $21 million from $15 million in Q3 2023[152] - Income tax expense for Q3 2024 was $39 million, a 44% increase from $27 million in Q3 2023[152] - Operating expenses for the three months ended September 30, 2023, decreased by 6% to $186 million from $197 million in the prior year[154] - The company reported a significant increase of 186% in restructuring, impairment, and plant closing costs for the nine months ended September 30, 2023, totaling $20 million compared to $7 million in the prior year[154] - Interest expense for the nine months ended September 30, 2024 increased by $12 million, or 25%, compared to the 2023 period, primarily due to higher borrowings under the 2022 Revolving Credit Facility[189] Cash Flow and Investments - Cash used in investing activities from continuing operations was $(87) million, compared to $395 million in the previous period[153] - Capital expenditures from continuing operations were $(133) million, a 10% decrease from $(147) million in the previous period[153] - Net cash provided by operating activities increased to $126 million for the nine months ended September 30, 2024, compared to $85 million in the same period of 2023[202] - Cash and cash equivalents decreased to $330 million as of September 30, 2024, down 39% from $540 million at the end of 2023[208] - Working capital decreased by $409 million to $733 million as of September 30, 2024, primarily due to a decrease in cash and cash equivalents[209] Segment Performance - Total reportable segments' revenue for the nine months ended September 30, 2024 was $4,601 million, a decrease of 3% compared to $4,729 million in the same period of 2023[194] - Segment adjusted EBITDA for the nine months ended September 30, 2024 was $467 million, down 16% from $556 million in the same period of 2023[194] - Polyurethanes segment revenue decreased to $2,930 million, a 1% decline from $2,970 million in the prior year[194] - Performance Products segment revenue decreased by 5% to $870 million from $918 million year-over-year[194] - Advanced Materials segment revenue also decreased by 5% to $801 million compared to $841 million in the same period of 2023[194] Taxation - The effective tax rate for the nine months ended September 30, 2024, was 76%, significantly higher than the 42% effective tax rate in 2023[156] - The adjusted effective tax rate for the nine months ended September 30, 2024, was 34%, compared to 33% in 2023[166] Corporate Actions and Future Outlook - The company expects to spend approximately $180 million to $190 million on capital expenditures during 2024[214] - The sale of the Textile Effects Business to Archroma was completed for a purchase price of $597 million, with expected future cash taxes of approximately $3 million related to the sale[217] - The company achieved annualized cost savings and synergy benefits exceeding $280 million through restructuring efforts, with total cash costs expected to be approximately $302 million through 2026[218] - As of September 30, 2024, there is approximately $547 million remaining under the existing share repurchase program[219] - Huntsman International completed a $350 million offering of 2034 Senior Notes, bearing interest at 5.70% per year, for general corporate purposes including debt repayment[220] - Amendments to the U.S. and EU A/R Programs extended their maturity dates to January 2027 and July 2027, respectively[221] Legal Matters - A jury verdict in favor of the company against Praxair/Linde amounts to $93.1 million, with expected net proceeds of approximately $50 million to $60 million if affirmed by the Louisiana Supreme Court[222] Market Risks - The company is exposed to market risks including interest rates, foreign exchange rates, and commodity prices, and engages in hedging activities to manage these exposures[225]

Huntsman (HUN) reported $1.54 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.3%. EPS of $0.10 for the same period compares to $0.15 a year ago.The reported revenue represents a surprise of -0.69% over the Zacks Consensus Estimate of $1.55 billion. With the consensus EPS estimate being $0.09, the EPS surprise was +11.11%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Core Viewpoint - Huntsman reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, but down from $0.15 per share a year ago, indicating an earnings surprise of 11.11% [1][2] Financial Performance - The company posted revenues of $1.54 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.69%, compared to $1.51 billion in the same quarter last year [2] - Over the last four quarters, Huntsman has surpassed consensus EPS estimates three times, but has only topped consensus revenue estimates once [2] Stock Performance - Huntsman shares have declined approximately 13.2% since the beginning of the year, while the S&P 500 has gained 20.1% [3] - The current Zacks Rank for Huntsman is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $1.51 billion, and $0.19 on revenues of $6.08 billion for the current fiscal year [7] - The trend for earnings estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - The Chemical - Diversified industry, to which Huntsman belongs, is currently in the bottom 20% of the Zacks Industry Rank, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could affect Huntsman's stock performance [5]