Core Viewpoint - Huntsman Corporation will hold a conference call on May 2, 2025, to discuss its first quarter 2025 financial results, with a question and answer session following the opening remarks [1][2]. Financial Information - The earnings press release, including financial statements and segment information, will be distributed after the market closes on May 1, 2025 [2]. - Huntsman Corporation reported approximately $6 billion in revenues for the year 2024 [3]. Company Overview - Huntsman Corporation is a global manufacturer and marketer of differentiated and specialty chemicals, operating over 60 manufacturing, R&D, and operations facilities in around 25 countries [3]. - The company employs approximately 6,300 associates within its continuing operations [3].

Huntsman Corporation’s (HUN) fourth-quarter 2024 adjusted loss per share was 25 cents, compared with a loss of 21 cents in the year-ago quarter. It was wider than the Zacks Consensus Estimate of a loss per share of 12 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues were $1,452 million, up around 3.5% year over year. The top line beat the Zacks Consensus Estimate of $1,447 million.HUN’s Segment HighlightsPolyurethanes: Revenues from the segment rose 8% year over year to ...

Production Capacity and Market Demand - The global production capacity for MDI, polyols, and TPU is approximately 2.9 billion pounds, 0.7 billion pounds, and 0.1 billion pounds, respectively[46]. - MDI and formulated MDI systems are expected to grow at a rate exceeding global GDP, driven by trends in energy management, food preservation, and urbanization[36]. - The demand for specialty polyols has been growing at a rate similar to MDI consumption, indicating strong market alignment[37]. - The global production capacity of amines is approximately 0.9 billion pounds, while the North America and EAME production capacity of maleic anhydride is approximately 0.6 billion pounds[65]. - The company is the largest global producer of polyetheramines and maleic anhydride outside of China, with significant market positions in various regions[55]. Strategic Initiatives and Acquisitions - Huntsman Building Solutions (HBS) offers significant growth potential as energy efficiency standards increase globally, focusing on transforming low-quality PET plastic into energy-saving polyurethane insulation[32]. - The joint venture with Sinopec to build a PO/MTBE plant in Nanjing, China, aims to support long-term demand growth in the largest MDI market[31]. - The company has made several "bolt-on" acquisitions in the last decade to expand its downstream footprint and enhance customer support[44]. - The company completed the separation and acquisition of assets of Shanghai Liengheng Isocyanate Company Ltd. on January 31, 2024, and now operates an independent manufacturing facility in Caojing, China, producing crude MDI[48]. - The company holds a 49% interest in a joint venture with Sinopec for a PO/MTBE facility in China, which enhances its supply chain for polyols[49]. Product Offerings and Customer Engagement - The company markets its polyurethane chemicals to over 6,200 customers in more than 90 countries, emphasizing tailored solutions and technical support[42]. - The company produces over 2,400 distinct MDI-based polyurethane products, showcasing its extensive product customization capabilities[30]. - The company’s Advanced Materials segment serves over 1,700 customers across diverse end markets, including aerospace, automotive, and electrical infrastructure[74]. - The company focuses on product performance and customer support to differentiate itself in the competitive polyurethane chemicals market[52]. Research, Development, and Innovation - The company holds approximately 2,225 unexpired patents and has around 965 pending patent applications, indicating a strong commitment to intellectual property[97]. - The company operates dedicated technology centers in Basel, Switzerland; The Woodlands, Texas; Merrimack, New Hampshire; and Shanghai, China, to support product and technology development[90]. - The company’s research and development centers are located in The Woodlands, Texas; Tienen, Belgium; Basel, Switzerland; Merrimack, New Hampshire; and Shanghai, China, emphasizing its commitment to innovation[96]. Environmental, Health, and Safety (EHS) Compliance - Capital expenditures for environmental, health, and safety (EHS) matters totaled $27 million in 2024, $30 million in 2023, and $44 million in 2022, with an estimated $56 million planned for 2025[110]. - The company’s health and safety programs are designed around dedicated EHS standards, achieving an ASTM 2920 Level 1 injury rate of 0.13 for both 2024 and 2023[104]. - The company has incurred liabilities for environmental remediation, with potential costs for cleanup that may not materially affect financial statements if indemnities are honored[113]. - Environmental, health, and safety (EHS) regulations may result in unanticipated costs or liabilities, potentially reducing profitability[171]. - The company is subject to greenhouse gas (GHG) emission regulations, which may lead to increased operational costs and capital expenditures[179]. Regulatory and Legal Risks - The SEC adopted final rules requiring disclosure of material climate-related risks and Scope 1 and 2 GHG emissions reports, with litigation currently challenging these rules[118]. - The ongoing litigation regarding California's climate-related laws could result in additional costs associated with regulatory reporting requirements if upheld[122]. - The company is already managing and reporting GHG emissions as required by law, but potential future regulations may increase operational costs[124]. - The company is subject to various legal claims, including antitrust claims, which could result in significant liabilities and adversely affect operations and financial condition[159]. - Changes in tax laws or interpretations in jurisdictions where the company operates may affect its effective tax rate, leading to material fluctuations[144]. Market and Economic Conditions - The markets for many of the company's products are cyclical and volatile, leading to significant fluctuations in profits and cash flow[141]. - Significant price volatility in raw materials and energy may lead to increased costs that the company may not be able to pass on to customers, potentially reducing profitability[146]. - The company conducts a majority of its business operations outside the U.S., exposing it to international business risks, including currency exchange rate fluctuations[142]. - The company may experience adverse effects on its assets and operations due to climate change, including increased frequency and severity of storms and other climatic events[125]. Financial and Operational Risks - The company continuously evaluates opportunities for growth, which may involve significant investments and could lead to increased financial pressure if strategies are unsuccessful[149]. - The company relies on information technology systems for operations, and any disruption could negatively impact operations and result in legal liabilities[152]. - The company maintains insurance policies for various risks, but is not fully insured against all potential hazards, which could adversely affect financial condition[156]. - The company is exposed to risks from limited suppliers for certain raw materials, which could lead to increased costs or decreased revenues if supply is interrupted[147]. - Changes in credit ratings could increase borrowing costs and negatively impact access to debt capital markets, affecting liquidity[183].

Financial Data and Key Metrics Changes - Huntsman Corporation reported a significant drop in EBITDA projections for Performance Products, estimating a decrease of 25% to 35% for Q1 2025 compared to 42% in the previous year [64][66] - The company has managed to reduce SG&A expenses by over 6% and offset more than $150 million in global inflationary costs since 2022 [14][22] Business Line Data and Key Metrics Changes - The Performance Products division is expected to gradually improve throughout 2025, primarily driven by recovery in the construction sector and expansion in Conroe, Texas [33][66] - The maleic business in Europe is currently facing challenges, with negative EBITDA expected, prompting a strategic review of the facility [36][39] Market Data and Key Metrics Changes - Publicly reported polymeric MDI prices in China have reached a three-year high, indicating early signs of recovery in pricing and margins [20][52] - The U.S. market is experiencing multiple players announcing price increases across various segments, suggesting a more favorable pricing environment [56][60] Company Strategy and Development Direction - The company is focusing on optimizing its asset footprint and minimizing costs while preparing for potential recovery in demand and pricing [22][22] - Huntsman is strategically relocating manufacturing capacities to regions like Asia and the U.S. to align with customer needs and market demands [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding market recovery, particularly in North America, while acknowledging ongoing challenges in Europe due to high energy costs and competitive pressures [58][112] - The company is not providing yearly guidance but is focusing on capitalizing on current market forces and conditions [8][15] Other Important Information - Huntsman has closed or relocated several facilities in Europe and Asia as part of its restructuring efforts, aiming to streamline operations and reduce costs [11][12] - The company is exploring alternatives for energy-intensive production in Europe due to unfavorable energy policies impacting profitability [112][113] Q&A Session Summary Question: Size and scope of restructuring actions - Management indicated that restructuring is focused on aligning business operations with customer needs and market conditions, particularly in Europe [27][30] Question: Margin improvement in Performance Products - Management expects gradual margin improvement driven by recovery in construction and new capacity coming online [32][66] Question: Maleic business and potential shutdown - Management is evaluating the maleic facility's future due to competitive pressures and negative EBITDA, with a decision expected soon [36][39] Question: Pricing strategies in the U.S. market - Management noted that multiple players are pushing for price increases, indicating a more favorable pricing environment [56][60] Question: Impact of tariffs on trade flows - Management expressed uncertainty about the immediate impact of tariffs but noted that they typically do not have as damaging effects as expected [82][84] Question: Corporate costs and inflation - Management acknowledged that corporate costs have been impacted by inflation but have seen a reduction from previous highs [128] Question: Strategy for European downstream business - Management plans to focus on efficient system houses and align capacity with customer demand, particularly in the automotive sector [131][132]

Financial Performance - Q4 2024 - Revenues for Q4 2024 were $1452 million, a 35% increase compared to $1403 million in Q4 2023[8] - Net loss attributable to Huntsman Corporation was $(141) million in Q4 2024, compared to a loss of $(71) million in Q4 2023[8] - Adjusted EBITDA was $71 million in Q4 2024, compared to $44 million in Q4 2023[8] - Free cash flow from continuing operations was $108 million in Q4 2024, compared to $83 million in Q4 2023[8] Segment Performance - Q4 2024 - Polyurethanes revenues increased to $970 million in Q4 2024 from $895 million in Q4 2023, with adjusted EBITDA increasing to $50 million from $13 million[11, 13] - Performance Products revenues decreased to $239 million in Q4 2024 from $260 million in Q4 2023, with adjusted EBITDA decreasing to $23 million from $28 million[18, 20] - Advanced Materials revenues slightly increased to $254 million in Q4 2024 from $251 million in Q4 2023, with adjusted EBITDA remaining relatively stable at $37 million and $38 million respectively[24, 26] Liquidity and Capital Structure - The company had $1719 million in liquidity at the close of Q4 2024[41] - Net debt was $1495 million, resulting in a net debt leverage of 36x[41] - Capital expenditures for the full year 2025 are expected to be between $180 million and $190 million[42] Outlook - Q1 2025 - Total adjusted EBITDA is expected to be approximately $70 million to $100 million[46] - Polyurethanes adjusted EBITDA is projected to be between $45 million and $60 million[46] - Performance Products adjusted EBITDA is projected to be between $25 million and $35 million[46] - Advanced Materials adjusted EBITDA is projected to be between $40 million and $45 million[46]

In its upcoming report, Huntsman (HUN) is predicted by Wall Street analysts to post quarterly loss of $0.12 per share, reflecting an increase of 42.9% compared to the same period last year. Revenues are forecasted to be $1.46 billion, representing a year-over-year increase of 4.2%.The consensus EPS estimate for the quarter has been revised 95.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during thi ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Huntsman (HUN) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 17, 2025, might help the stock move higher if these key numbers are better than exp ...

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].