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HUNBearishEarningsnews
Materiality pending

Huntsman's (HUN) Q1 Earnings Beat Estimates, Revenues Miss

May 7, 2024, 9:48 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- HUN reported a 1Q 2024 net loss of $37 million, down from a profit last year. - Revenues fell 8% year over year to $1,470 million, missing estimates. - Segment revenues dropped due to lower prices, unfavorable product mix, and reduced sales volumes. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • HUN reported a 1Q 2024 net loss of $37 million, down from a profit last year.
  • Revenues fell 8% year over year to $1,470 million, missing estimates.
  • Segment revenues dropped due to lower prices, unfavorable product mix, and reduced sales volumes.

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