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Huntsman (HUN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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Huntsman (HUN - Free Report) reported $1.51 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 25.1%. EPS of $0.15 for the same period compares to $0.71 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.56 billion, representing a surprise of -3.60%. The company delivered an EPS surprise of -21.05%, with the consensus EPS estimate being $0.19.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Huntsman performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total - Polyurethanes: -23% versus the five-analyst average estimate of -20.4%.
Total - Performance Products: -36% versus -33.2% estimated by five analysts on average.
Total - Advanced Materials: -18% versus -14.1% estimated by five analysts on average.
Local Currency - Price - Performance Products: -12% versus -4.7% estimated by four analysts on average.
Local Currency - Price - Polyurethanes: -14% compared to the -7.6% average estimate based on four analysts.
Sales Volume - Advanced Materials: -18% versus the three-analyst average estimate of -17.4%.
Sales Volume - Performance Products: -26% compared to the -32.1% average estimate based on three analysts.
Local Currency - Price - Advanced Materials: -2% versus 3.6% estimated by three analysts on average.
Revenues- Polyurethanes: $967 million versus $989.90 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -23.1% change.
Revenues- Advanced Materials: $268 million versus $285.43 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -18.3% change.
Revenues- Performance Products: $277 million versus the six-analyst average estimate of $292.98 million. The reported number represents a year-over-year change of -36.2%.
Revenues- Intersegment Eliminations: -$6 million compared to the -$10.58 million average estimate based on four analysts. The reported number represents a change of -25% year over year.
Shares of Huntsman have returned -2.8% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Huntsman (HUN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Huntsman (HUN - Free Report) reported $1.51 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 25.1%. EPS of $0.15 for the same period compares to $0.71 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.56 billion, representing a surprise of -3.60%. The company delivered an EPS surprise of -21.05%, with the consensus EPS estimate being $0.19.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Huntsman performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total - Polyurethanes: -23% versus the five-analyst average estimate of -20.4%.
- Total - Performance Products: -36% versus -33.2% estimated by five analysts on average.
- Total - Advanced Materials: -18% versus -14.1% estimated by five analysts on average.
- Local Currency - Price - Performance Products: -12% versus -4.7% estimated by four analysts on average.
- Local Currency - Price - Polyurethanes: -14% compared to the -7.6% average estimate based on four analysts.
- Sales Volume - Advanced Materials: -18% versus the three-analyst average estimate of -17.4%.
- Sales Volume - Performance Products: -26% compared to the -32.1% average estimate based on three analysts.
- Local Currency - Price - Advanced Materials: -2% versus 3.6% estimated by three analysts on average.
- Revenues- Polyurethanes: $967 million versus $989.90 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -23.1% change.
- Revenues- Advanced Materials: $268 million versus $285.43 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -18.3% change.
- Revenues- Performance Products: $277 million versus the six-analyst average estimate of $292.98 million. The reported number represents a year-over-year change of -36.2%.
- Revenues- Intersegment Eliminations: -$6 million compared to the -$10.58 million average estimate based on four analysts. The reported number represents a change of -25% year over year.
View all Key Company Metrics for Huntsman here>>>Shares of Huntsman have returned -2.8% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.