Huntsman Cuts Q4 Adjusted EBITDA To $40M-$45M From Original Guidance Of $65M-$90M Due To Continued Pressure In Polyurethanes Segment
Portfolio Pulse from Benzinga Newsdesk
Huntsman Corporation has reduced its Q4 adjusted EBITDA forecast to $40M-$45M, down from the previously guided range of $65M-$90M. The revision is attributed to ongoing challenges in the Polyurethanes segment.

January 19, 2024 | 12:02 pm
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Huntsman Corporation has lowered its Q4 adjusted EBITDA expectations due to persistent difficulties in its Polyurethanes business.
The significant reduction in the EBITDA forecast for Huntsman Corporation is a clear negative signal to the market, indicating that the company is facing more severe challenges than previously anticipated. This is likely to negatively affect investor sentiment and could lead to a short-term decline in the stock price. The Polyurethanes segment is a critical part of Huntsman's business, and continued pressure in this area suggests underlying issues that may take time to resolve.
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