earnings
confidence high
sentiment positive
materiality 0.85
Huntsman Q3 net income $225M; wins $600M arbitration award
Huntsman CORP
2021-Q3 EPS reported
$2.02
revenue$6,146,000,000
- Net income of $225M ($0.94 diluted EPS) vs $57M ($0.22) YoY; adjusted EPS $1.08 vs $0.32.
- Revenue $2,285M (+51% YoY); adjusted EBITDA $371M vs $188M; all segments improved.
- Repurchased ~4M shares for ~$102M at avg $25.64 during the quarter.
- Won arbitration against Albemarle for fraud/breach; expects to net >$400M after fees.
- Net leverage 0.9x; total liquidity ~$2B; capex guidance $350M for 2021.