Huntsman: Q1 Earnings Snapshot
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Friday reported first-quarter profit of $153 million.
On a per-share basis, the The Woodlands, Texas-based company said it had net income of 83 cents. Earnings, adjusted for non-recurring gains, came to 20 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The chemical company posted revenue of $1.61 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $1.63 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
