earnings
confidence high
sentiment neutral
materiality 0.70
Huntsman Q2 2024: net income $22M, adj. EBITDA $131M, sales volumes up 9% YoY
Huntsman CORP
2024-Q2 EPS reported
-$0.09
revenue$3,044,000,000
- Net income $22M ($0.13 diluted EPS) vs $19M ($0.11) a year ago; adjusted EPS $0.14 vs $0.22.
- Adjusted EBITDA $131M vs $156M in prior year period, down 16%.
- Revenues $1,574M nearly flat (-1% YoY); sales volumes improved 9% across segments.
- MDI average selling prices decreased due to supply/demand; Polyurethanes segment adjusted EBITDA $80M vs $88M.
- Free cash flow from continuing operations $5M vs -$11M; capex $50M, full-year capex guidance $180-200M.