Huntsman Analysts Cut Their Forecasts Following Q1 Results
1. Huntsman reported a loss of 11 cents per share, matching estimates. 2. Quarterly sales of $1.41 billion missed the $1.49 billion target. 3. Customer uncertainty is impacting demand in key markets. 4. Workforce reductions and asset optimization plans are underway. 5. Analysts lowered price targets; shares fell by 2.8%.