Huntsman (HUN) Reports Q2 Loss, Misses Revenue Estimates

Huntsman (HUN) came out with a quarterly loss of $0.2 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this chemical company would post a loss of $0.11 per share when it actually produced a loss of $0.11, delivering no surprise. Empirical research shows a strong correlation between ...