earnings
confidence high
sentiment negative
materiality 0.75
Huntsman Q4 net loss $71M, adj. EBITDA $44M; revenue down 15% YoY; board approves 5% dividend increase
Huntsman CORP
2023-FY EPS reported
$0.57
revenue$6,111,000,000
- Q4 revenue $1,403M (-15% YoY); net loss $71M ($0.41 loss per share); adjusted net loss $36M (adj. EPS -$0.21).
- Adjusted EBITDA $44M vs $87M a year ago; Polyurethanes segment adjusted EBITDA fell 65% to $13M.
- Board approved 5% dividend increase; repurchased ~2.1M shares for ~$50M in Q4.
- Free cash flow from continuing operations $83M ($211M in Q4 2022); expects ~$200M capex in 2024.
- Sees moderate demand improvement in early 2024 but no clear inflection point; remains positive on long-term.