Huntsman: Q1 Earnings Insights

Shares of Huntsman HUN rose 4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 36.96% year over year to $0.29, which beat the estimate of $0.19.

Revenue of $1,593,000,000 lower by 21.68% year over year, which beat the estimate of $1,520,000,000.

Guidance

Huntsman hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 01, 2020

Time: 12:00 PM ET

Webcast URL: https://78449.themediaframe.com/dataconf/productusers/hun/mediaframe/37217/indexl.html

Technicals

52-week high: $24.90

Company's 52-week low was at $12.23

Price action over last quarter: down 20.18%

Company Profile

Huntsman Corp is a US-based manufacturer of differentiated organic chemical products. Its product portfolio comprises of the methylene diphenyl diisocyanate (MDI), amines, surfactants, maleic anhydride, epoxy-based polymer formulations, textile chemicals, dyes and others. The company's products are used in the adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products, Advanced Materials and Textile Effects. It derives a majority of the revenue from the Polyurethanes segment which includes product used to produce rigid and flexible foams, as well as coatings, adhesives, sealants, and elastomers. The company operates in the US and other countries, of which key revenue is derived from the US.