Huntsman (HUN) Tops Q3 EPS by 16c
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Huntsman Announces Strong Third Quarter 2017 Results; Balance Sheet Transformed with Significant Debt Reduction
October 27, 2017 1:00 AM EDTTHE WOODLANDS, Texas, Oct. 27, 2017 /PRNewswire/ --
Third Quarter 2017 Highlights
Net income was $179 million compared to $64 million in the prior year period and $183 million in the prior quarter. Adjusted EBITDA was $340 million (16% EBITDA margin), impacted by $50 million from Hurricane Harvey, compared to $234 million in the prior year period and $299 million in the prior quarter. Diluted income per share was $0.60 compared to $0.23 in the prior year period and $0.69 in the prior quarter. Adjusted diluted income per share was $0.67 compared to $0.31 in the prior year period and $0.59 in the prior... More