earnings
confidence high
sentiment negative
materiality 0.70
Huntsman Q3 net loss $33M; revenue up 2% to $1.54B, adj EBITDA down to $131M
Huntsman CORP
2024-Q3 EPS reported
-$0.28
revenue$4,584,000,000
- Net loss of $33M vs net income of $0 in Q3 2023; diluted EPS $(0.19) vs $0.00.
- Adjusted net income $17M ($0.10 adj. diluted EPS) vs $27M ($0.15) last year.
- Revenue $1,540M (+2%), adjusted EBITDA $131M (-4% vs $136M).
- Placed $350M senior notes due 2034 at 5.7% coupon for general corporate purposes.
- Mgmt expects near-term trough in construction to persist through Q4; positive on rate cuts.