Huntsman: Q4 Earnings Snapshot
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Wednesday reported a loss of $71 million in its fourth quarter.
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Wednesday reported a loss of $71 million in its fourth quarter.
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The The Woodlands, Texas-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs and restructuring costs, were 21 cents per share.
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The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The chemical company posted revenue of $1.4 billion in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $1.32 billion.
For the year, the company reported profit of $101 million, or 57 cents per share. Revenue was reported as $6.11 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUN at https://www.zacks.com/ap/HUN