Huntsman Q3 revenue beats estimates on higher sales volumes

By Reuters News


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


Reuters Recommended Reads

  • Nov 2 - Allison Transmission Q3 sales jump 121%, beat estimates

  • Nov 2 - Advanced Energy Q3 revenue beats on record semiconductor and data center computing sales


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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