Recap: Huntsman Q4 Earnings
Portfolio Pulse from Benzinga Insights
Huntsman Corporation (NYSE:HUN) reported its Q4 earnings on February 21, 2024, missing estimated earnings by 23.53% with an EPS of $-0.21 versus an estimate of $-0.17. Revenue decreased by $247 million from the same period last year. This follows a pattern of missed EPS estimates in previous quarters, which has previously led to a drop in share price.
February 21, 2024 | 9:40 pm
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Huntsman Corporation reported lower than expected Q4 earnings and a significant decrease in revenue compared to last year, continuing a trend of missing EPS estimates.
Given Huntsman's history of missing EPS estimates and the subsequent negative impact on its share price, the Q4 earnings report is likely to have a similar short-term negative effect on the stock. The consistent underperformance in earnings and the significant revenue drop are critical factors that could lead to decreased investor confidence and a potential decrease in stock price.
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