Huntsman Corporation (NYSE:HUN) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.27 per share.
For the full year, analysts predict revenues of $ 5924.21 million, while looking forward to income of $ 0.68 per share.
Previous Quarter Performance
Huntsman Corporation unwinded loss for the second quarter of $ 0.14 per share, from the revenue of $ 1,247.00 million. The quarterly revenues declined 43.16 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.17 per share from $ 1139.60 million in revenue. The bottom line results beat street analysts by $ 0.03 or 17.65 percent, at the same time, top line results outshined analysts by $ 107.40 million or 9.42 percent.
Stock Performance
Shares of Huntsman Corporation traded low $ -0.30 or -1.23 percent on Wednesday, reaching $ 24.00 with volume of 2.81 million shares. Huntsman Corporation has traded high as $ 24.01 and has cracked $ 23.32 on the downward trend
According to the previous trading day, closing price of $ 24.00, representing a 98.69 % increase from the 52 week low of $ 12.23 and a 5.3 % decrease over the 52 week high of $ 25.66.
The company has a market capital of $ 5.30 billion and is part of the Basic Materials sector and Chemicals industry.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.1625 per share to holders of record as of the close of business on September 15, 2020, with payment date of September 30, 2020 and ex-dividend date on September 14, 2020.
Conference Call
Huntsman Corporation will be hosting a conference call at 10:00 AM eastern time on 29th October 2020, to discuss its 3Q20 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.
