Huntsman Corporation (NYSE:HUN) is reporting second quarter earnings results on Tuesday 28th July 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.17 per share.
For the full year, analysts predict revenues of $ 5710.53 million, while looking forward to income of $ 0.37 per share.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 1.43 billion ~ $ 1.54 billion
Click Here For More Historical Outlooks Of Huntsman Corporation
Previous Quarter Performance
Huntsman Corporation came out with income for the first quarter of $ 0.29 per share, from the revenue of $ 1,593.00 million. The quarterly earnings shrunk 36.96 percent while revenues decreased 21.68 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.19 per share from $ 1518.96 million in revenue. The bottom line results beat street analysts by $ 0.1 or 52.63 percent, at the same time, top line results outshined analysts by $ 74.04 million or 4.87 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Huntsman Corporation
Stock Performance
According to the previous trading day, closing price of HUN was $ 19.83, representing a 62.14 % increase from the 52 week low of $ 12.23 and a 20.36 % decrease over the 52 week high of $ 24.90.
The company has a market capital of $ 4.37 billion and is part of the Basic Materials sector and Chemicals industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”HUN” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 23rd June 2020, maintained by KeyBanc at Overweight rating, with $ 23.00 target price.
- On 19th June 2020, downgraded by Seaport Global Securities to Neutral from Buy rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.1625 per share on May 5, 2020. The dividend were payable on June 30, 2020 to holders of record as of the close of business on June 15, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Huntsman Corporation will be hosting a conference call at 10:00 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.huntsman.com
Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products.
