Huntsman (HUN) Q4 Earnings Miss, Revenues Beat Estimates
Zacks Investment Research | Feb 12, 2019 08:58PM ET
Huntsman Corporation (NYSE:HUN) reported net loss of $315 million or $1.43 per share in fourth-quarter 2018, against net income of $287 million or $1.00 in the year-ago quarter.
Barring one-time items, adjusted earnings per share were 52 cents in the quarter. The figure missed the Zacks Consensus Estimate of 55 cents.
Revenues were $2,236 million, up around 1.5% year over year. Also, the figure beat the Zacks Consensus Estimate of $2,123.2 million.
2018 Highlights
For 2018, the company generated net income of $650 million or $1.39 per share, down from $741 million or $2.61 a year ago.
Total revenues increased 12.2% year over year to $9,379 million.
Huntsman Corporation Price, Consensus and EPS Surprise
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