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Huntsman Corp. (HUN) reported earnings for its third quarter that advanced from the same period last year.


RTTNews | Oct 29, 2021 06:05AM EDT

06:05 Friday, October 29, 2021 (RTTNews.com) - Huntsman Corp. (HUN) reported earnings for its third quarter that advanced from the same period last year.

The company's earnings totaled $209 million, or $0.94 per share. This compares with $48 million, or $0.22 per share, in last year's third quarter.

Excluding items, Huntsman Corp. reported adjusted earnings of $239 million or $1.08 per share for the period.

Analysts had expected the company to earn $0.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 51.7% to $2.29 billion from $1.51 billion last year.

Huntsman Corp. earnings at a glance:

-Earnings (Q3): $239 Mln. vs. $70 Mln. last year.-EPS (Q3): $1.08 vs. $0.32 last year.-Analysts Estimate: $0.93-Revenue (Q3): $2.29 Bln vs. $1.51 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3237256/huntsman-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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