Market Overview

UPDATE: Huntsman Posts Upbeat Q4 Results

Share:
Related HUN
US Stock Futures Mostly Lower Ahead Of Jobless Claims
UPDATE: Huntsman Misses Q4 Expectations

Huntsman (NYSE: HUN) reported better-than-expected fourth-quarter results.

Huntsman posted a quarterly net loss of $40 million, or $0.17 per share, versus a year-ago profit of $105 million, or $0.44 per share. Excluding one-time items, it earned $0.24 per share.

Its net sales declined to $2.62 billion. However, analysts were expecting a profit of $0.23 per share on revenue of $2.49 billion.

Huntsman shares closed at $19.07 yesterday.

Posted-In: profitEarnings News

 

Related Articles (HUN)

Around the Web, We're Loving...