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 ...

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 ...

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]

Core Insights - Huntsman Corporation reported a net loss of $33 million for Q3 2024, compared to a net income of $0 million in the same period last year [1][3] - Adjusted net income for Q3 2024 was $17 million, down from $27 million in Q3 2023, with adjusted diluted income per share decreasing to $0.10 from $0.15 [1][2] - The company achieved revenues of $1,540 million in Q3 2024, a slight increase from $1,506 million in Q3 2023 [2][3] Financial Performance - Q3 2024 adjusted EBITDA was $131 million, down from $136 million in the prior year [1][2] - Free cash flow from continuing operations was $93 million, compared to $117 million in Q3 2023 [1][6] - Net cash provided by operating activities from continuing operations was $134 million, down from $167 million in the same period last year [2][6] Segment Analysis - Polyurethanes segment revenues increased to $1,003 million in Q3 2024 from $967 million in Q3 2023, driven by higher sales volumes despite lower MDI average selling prices [4][11] - Performance Products segment revenues rose to $280 million, up from $277 million, attributed to improved demand in fuels and lubes [4][11] - Advanced Materials segment revenues decreased to $261 million from $268 million, primarily due to lower average selling prices [4][11] Market Outlook - The company anticipates continued trough conditions in construction and industrial markets through Q4 2024, with a potential recovery supported by interest rate cuts and government stimulus in China [3][4] - Management is focused on improving cost positions and balance sheet strength to maintain investment flexibility in core businesses [3][4] Liquidity and Capital Resources - As of September 30, 2024, Huntsman had approximately $1.7 billion in combined cash and unused borrowing capacity [6] - Capital expenditures for Q3 2024 were $41 million, down from $50 million in the same period last year [6][15] Taxation - The effective tax rate for Q3 2024 was 115%, with an adjusted effective tax rate of 41% [7][15] - The company expects its 2024 adjusted effective tax rate to be between 30% to 34% [7][15]

Core Viewpoint - Huntsman (HUN) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2024, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for November 4, 2024, with expectations that better-than-expected results could drive the stock price higher, while disappointing results may lead to a decline [2]. - The Zacks Consensus Estimate predicts quarterly earnings of $0.09 per share, reflecting a year-over-year decrease of 40%, while revenues are expected to reach $1.55 billion, a 3% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 36.49%, indicating a collective reassessment by analysts regarding the company's earnings prospects [4]. - The Most Accurate Estimate for Huntsman is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -17%, which suggests a bearish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a positive reading being a strong predictor of an earnings beat [6][8]. - However, Huntsman's current combination of a negative Earnings ESP and a Zacks Rank of 4 (Sell) complicates the prediction of an earnings beat [10]. Historical Performance - In the last reported quarter, Huntsman exceeded the consensus EPS estimate of $0.12 by reporting earnings of $0.14, resulting in a surprise of +16.67% [11]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [12]. Industry Context - Another company in the chemical sector, LyondellBasell (LYB), is expected to report earnings of $2.03 per share for the same quarter, indicating a year-over-year decline of 17.5%, with revenues projected at $10.27 billion, down 3.3% from the previous year [16]. - LyondellBasell has also seen a downward revision of its EPS estimate by 12.3% over the last 30 days, resulting in an Earnings ESP of -5.39% and a Zacks Rank of 4 (Sell) [17].

Group 1 - Huntsman Corporation will hold a conference call on November 5, 2024, at 10:00 a.m. ET to discuss its third quarter 2024 financial results [1] - The earnings press release, including financial statements and segment information, will be distributed after the market closes on November 4, 2024 [2] - The company reported approximately $6 billion in revenues for 2023 and operates over 60 manufacturing, R&D, and operations facilities in around 25 countries [3]

Huntsman Corporation (HUN) is expected to gain from its investment in downstream businesses, differentiated product innovation, strategic acquisitions and cost actions amid headwinds from soft demand in certain markets and pricing pressure. HUN's shares have lost 5.6% year to date compared with a 0.8% rise of its industry. Zacks Investment Research Image Source: Zacks Investment Research Let's find out why HUN stock is worth retaining at the moment. Downstream Expansion & Cost Synergies Aid HUN Stock Huntsm ...

THE WOODLANDS, Texas, Sept. 24, 2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its wholly-owned subsidiary, Huntsman International LLC, has priced its offering of $350 million in aggregate principal amount of Senior Notes due 2034. The notes will be offered to the public at a price of 99.640% of their principal amount and will bear interest at a rate of 5.700% per annum. Huntsman expects the offering to close on September 26, 2024, subject to customary closing conditions. Huntsma ...