Huntsman Q2 2024 Adj. EPS $0.14, Inline, Sales $1.574B Miss $1.612B Estimate
Portfolio Pulse from Benzinga Newsdesk
Huntsman (NYSE:HUN) reported Q2 2024 earnings per share (EPS) of $0.14, which met analyst expectations. However, the company's quarterly sales of $1.574 billion missed the analyst estimate of $1.612 billion by 2.34%, and this represents a 1.38% decrease from the same period last year.
August 05, 2024 | 8:16 pm
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Huntsman reported Q2 2024 EPS of $0.14, meeting expectations, but sales of $1.574 billion missed estimates by 2.34% and were down 1.38% year-over-year.
While Huntsman met EPS expectations, the miss on sales and the year-over-year decline in revenue are likely to negatively impact the stock price in the short term.
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