UPDATE: Huntsman Q3 Profit Drops 45%

by Benzinga Staff
October 29, 2013 7:32 AM | 23 seconds read | Make a Comment

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Huntsman (NYSE: HUN) reported a 45% drop in its third-quarter earnings. Huntsman's quarterly profit fell to $64 million, or $0.26 per share, from $116 million, or $0.48 per share, in the year-ago period. Excluding one-time items, it earned $0.54 per share. Its revenue rose 3.7% to $2.84 billion. However, analysts were expecting a profit of $0.54 per share on revenue of $2.82 billion. Huntsman's gross margin shrank to 17.8% from 19.6%. Huntsman shares closed at $21.71 yesterday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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