Huntsman (HUN) Tops Q2 EPS by 3c, Revenues Beat

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Huntsman Announces Second Quarter 2020 Earnings; Targets Total Annualized Cost Savings and Synergies of $100+ Million by End of 2021

July 28, 2020 6:00 AM EDT

THE WOODLANDS, Texas, July 28, 2020 /PRNewswire/ -- 

Second Quarter Highlights

Second quarter 2020 net loss of $59 million compared to net income of $118 million in the prior year period; second quarter 2020 loss per share of $0.28 compared to diluted earnings per share of $0.47 in the prior year period. Second quarter 2020 adjusted net loss of $30 million compared to adjusted net income of $108 million in the prior year period; second quarter 2020 adjusted loss per share of $0.14 compared to diluted earnings per share of $0.47 in the prior year period. Second quarter 2020 adjusted EBITDA of $54... More