Huntsman Q3 revenue beats estimates on higher sales volumes
Overview
US diversified chemicals maker's Q3 revenue rose yr/yr, beating analyst expectations
Adjusted EPS for Q3 missed analyst consensus
Outlook
Company expects 2026 capital expenditures to be about $160 mln
Company expects net debt leverage to fall to about 4x by year-end 2026
Result Drivers
VOLUMES, MARGINS, COST SAVINGS - Co said Q3 results improved due to higher sales volumes, stronger margins, and cost savings
POLYURETHANES SEGMENT - Higher average selling prices and sales volumes, especially for MDI, drove Polyurethanes segment growth
ADVANCED MATERIALS SEGMENT - Higher sales volumes, particularly in aerospace, automotive and power markets, and favorable sales mix lifted segment revenue
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $1.72 bln | $1.61 bln (13 Analysts) |
Q3 Adjusted EPS | Miss | $0.04 | $0.07 (16 Analysts) |
Q3 Adjusted EBITDA | Beat | $132 mln | $119.27 mln (14 Analysts) |
Q3 Gross Profit | $237 mln | ||
Q3 Operating Income | $39 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the diversified chemicals peer group is "buy."
Wall Street's median 12-month price target for Huntsman Corp is $11.00, about 14.1% above its October 30 closing price of $9.64
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)