Market Overview

Recap: Huntsman Q2 Earnings

Share:

Shares of Huntsman (NYSE:HUN) fell 1% after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 122.22% year over year to ($0.14), which beat the estimate of ($0.18).

Revenue of $1,247,000,000 decreased by 43.16% from the same period last year, which beat the estimate of $1,130,000,000.

Outlook

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

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

How To Listen To The Conference Call

Date: Jul 28, 2020

Time: 10:00 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/hun/mediaframe/38928/indexl.html

Price Action

Company's 52-week high was at $24.90

Company's 52-week low was at $12.23

Price action over last quarter: Up 30.78%

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.

 

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Posted-In: Earnings News