Huntsman (HUN - Free Report) reported $1.65 billion in revenue for the quarter ended December 2022, representing a year-over-year decline of 28.5%. EPS of $0.04 for the same period compares to $0.95 a year ago.
The reported revenue represents a surprise of +5.98% over the Zacks Consensus Estimate of $1.56 billion. With the consensus EPS estimate being $0.11, the EPS surprise was -63.64%.
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 - Performance Products: -25% versus the six-analyst average estimate of -15.44%.
- Total - Polyurethanes: -23% versus the five-analyst average estimate of -31.98%.
- Total - Advanced Materials: -12% versus -14.21% estimated by five analysts on average.
- Local Currency - Price - Polyurethanes: 5% versus the four-analyst average estimate of 0.49%.
- Local Currency - Price - Advanced Materials: 13% versus 6.94% estimated by four analysts on average.
- Sales Volume - Performance Products: -32% versus -17.13% estimated by four analysts on average.
- Sales Volume - Advanced Materials: -28% versus -20.1% estimated by four analysts on average.
- Sales Volume - Polyurethanes: -22% versus the four-analyst average estimate of -25.65%.
- Revenues- Polyurethanes: $1.07 billion versus $931.50 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -23.1% change.
- Revenues- Advanced Materials: $278 million versus $261.69 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -12.3% change.
- Revenues- Performance Products: $307 million compared to the $331.03 million average estimate based on six analysts. The reported number represents a change of -25.1% year over year.
- Revenues- Eliminations: -$6 million versus the four-analyst average estimate of -$11.16 million.
View all Key Company Metrics for Huntsman here>>>
Shares of Huntsman have returned -4.3% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Huntsman (HUN - Free Report) reported $1.65 billion in revenue for the quarter ended December 2022, representing a year-over-year decline of 28.5%. EPS of $0.04 for the same period compares to $0.95 a year ago.
The reported revenue represents a surprise of +5.98% over the Zacks Consensus Estimate of $1.56 billion. With the consensus EPS estimate being $0.11, the EPS surprise was -63.64%.
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:
View all Key Company Metrics for Huntsman here>>>
Shares of Huntsman have returned -4.3% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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