Huntsman: Q2 Earnings Snapshot
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Monday reported second-quarter net income of $19 million.
The The Woodlands, Texas-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 22 cents per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The chemical company posted revenue of $1.6 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $1.69 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
