Huntsman Q2 EPS $0.22 Misses $0.30 Estimate, Sales $1.60B Miss $1.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Huntsman Corporation reported Q2 earnings of $0.22 per share, missing the analyst consensus estimate of $0.30 by 26.67%. This is a decrease of 82.81% from the same period last year. The company also reported quarterly sales of $1.60 billion, missing the analyst consensus estimate of $1.70 billion by 6.12%, a decrease of 32.43% from the same period last year.
July 31, 2023 | 8:42 pm
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NEGATIVE IMPACT
Huntsman's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Huntsman's earnings and sales for Q2 have both missed estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term as investors adjust their expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100