Huntsman (HUN) Tops Q4 EPS by 5c

Huntsman (NYSE: HUN) reported Q4 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.25 billion.

Fourth Quarter 2016 Highlights

• Net income was $137 million compared to $9 million in the prior year period and $64 million in the prior quarter.
• Adjusted EBITDA was $256 million compared to $240 million in the prior year period and $272 million in the prior quarter.
• Diluted income per share was $0.53 compared to $0.02 in the prior year period and $0.23 in the prior quarter.
• Adjusted diluted income per share was $0.30 compared to $0.51 in the prior year period and $0.38 in the prior quarter.
• Net cash provided by operating activities was $240 million. Free cash flow generation was $117 million.
• On December 30, 2016, we completed the sale of our European surfactants business for an enterprise value of $225 million.
• On December 30, 2016, we made a $260 million early repayment of debt.

For earnings history and earnings-related data on Huntsman (HUN) click here.

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