Huntsman Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Huntsman (NYSE:HUN) Full Year 2023 Results
Key Financial Results
Revenue: US$6.11b (down 24% from FY 2022).
Net loss: US$17.0m (down by 104% from US$448.0m profit in FY 2022).
US$0.096 loss per share (down from US$2.23 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Huntsman Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's shares are up 9.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Huntsman that you should be aware of.
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