Huntsman Q4 Adj EPS $(0.21) Misses $(0.17) Estimate, Sales $1.40B Beat $1.33B Estimate
Portfolio Pulse from Benzinga Newsdesk
Huntsman Corporation (NYSE:HUN) reported a Q4 adjusted EPS of $(0.21), missing the $(0.17) estimate, marking a 625% decrease from last year's earnings. However, their Q4 sales of $1.40B exceeded the $1.33B estimate, despite being a 14.97% decrease from the previous year.
February 21, 2024 | 9:42 pm
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Huntsman Corporation reported a significant miss in Q4 adjusted EPS and a decrease in sales compared to last year, though sales exceeded estimates.
The miss in EPS by 23.53% and the significant year-over-year decrease in earnings suggest a negative short-term impact on HUN's stock price. However, the beat on sales estimates might provide some buffer against the negative earnings impact.
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