Huntsman (HUN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
While HUN faces headwinds from soft demand in certain markets, it gains on actions to grow its downstream specialty and formulation businesses and acquisitions.
Huntsman (HUN) reported earnings 30 days ago. What's next for the stock?
While HUN faces headwinds from soft demand conditions, it benefits from investment in downstream businesses and strategic acquisitions.
While Huntsman (HUN) is exposed to challenges from soft demand in specific markets and pricing pressures, it gains on actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.
Huntsman Corporation (NYSE:HUN ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Ivan Marcuse – Vice President-Investor Relations and Corporate Development Peter Huntsman – Chairman, Chief Executive Officer and President Phil Lister – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Sison – Wells Fargo Jeff Zekauskas – JPMorgan Patrick Cunningham – Citi Vincent Andrews – Morgan Stanley Frank Mitsch – Fermium Research David Begleiter – Deutsche Bank Mike Harrison – Seaport Research Partners Salvator Tiano – Bank of America Josh Spector – UBS Aleksey Yefremov – KeyBanc Capital Markets John Roberts – Mizuho Securities Kevin McCarthy – Vertical Research Partners Hassan Ahmed – Alembic Global Dan Rizzo – Jefferies Matthew Blair – TPH Arun Viswanathan – RBC Operator Hello, and welcome to the Huntsman Corporation Second Quarter 2024 Earnings Call and Conference. At this time, all participants are in a listen-only mode.
Huntsman's (HUN) second-quarter earnings beat estimates but sales miss the same on lower average selling prices.
Although the revenue and EPS for Huntsman (HUN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Huntsman (HUN) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago.
Huntsman (HUN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Huntsman has a diversified product portfolio with stable demand in consumer discretionary and non-discretionary sectors. It faces a secular decline in sales despite consistent capital expenditures and inorganic growth initiatives. Management appears cautious in its outlook, focusing on improving cash flows, costs, and environmental performance.
While Huntsman (HUN) faces headwinds from soft demand in specific markets and pricing pressures, it gains on actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.