Huntsman Earnings Preview: Can This Streak Continue?
Huntsman (NYSE:HUN) will report earnings before markets open on Tuesday, April 30th. Huntsman Corporation manufactures differentiated and commodity chemical products. The Company markets a broad range of chemical products and formulations to a diversified group of consumer and industrial customers. Huntsman’s products are used in a range of applications, including those in adhesives, aerospace, automotive, construction products, and consumer products.
Here is your Cheat Sheet to Huntsman Earnings:
Earnings Expectations: Analysts expect earnings of $0.16 per share on revenues of $2.71 billion. Currently, the company’s P/E ratio stands at 12.23.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.53 to a profit $0.48. For the current year, the average estimate is a profit of $1.66, which is worse than the estimate ninety days ago.
Here’s how Huntsman has been performing on an annual basis:
|Revenue ($) in millions||10,220||7,665||9,250||11,220||11,190|
|Diluted EPS ($)||2.60||0.48||0.11||1.02||1.51|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,632||2,913||2,914||2,741||2,619|
|Diluted EPS ($)||0.4393||0.68||0.52||0.48||-0.1679|
Huntsman has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)