Huntsman (HUN) Tops Q1 EPS by 9c
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Huntsman Reports First Quarter Results; Reports Strong Adjusted EBITDA Improvement Compared to Prior Quarter
April 28, 2016 6:01 AM EDTTHE WOODLANDS, Texas, April 28, 2016 /PRNewswire/ --
First Quarter 2016 Highlights
Adjusted EBITDA was $274 million compared to $285 million in the prior year period and $240 million in the prior quarter. Adjusted diluted income per share was $0.37 compared to $0.40 in the prior year period and $0.51 in the prior quarter. Net income attributable to Huntsman Corporation was $56 million compared to $5 million in the prior year period and $4 million in the prior quarter. The stronger U.S. dollar reduced adjusted EBITDA by an estimated $19 million compared to the prior year period; a negative impact... More