Huntsman Announces Third Quarter 2020 Earnings; Solid Recovery Trends in Core Markets

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Huntsman (HUN) Tops Q3 EPS by 5c, Revenues Beat

October 29, 2020 6:02 AM EDT

Huntsman (NYSE: HUN) reported Q3 EPS of $0.32, $0.05 better than the analyst estimate of $0.27. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion.

Third Quarter Highlights

Third quarter 2020 net income of $57 million compared to net income of $41 million in the prior year period; third quarter 2020 diluted earnings per share of $0.22 compared to diluted earnings per share of $0.13 in the prior year period.Third quarter 2020 adjusted net income of $70 million compared to adjusted net income of $95 million in the prior year period; third quarter 2020 adjusted diluted earnings per... More