The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Huntsman's revenues will drop -5.3% and EPS will shrink -14.3%.
The average estimate for revenue is $2.49 billion. On the bottom line, the average EPS estimate is $0.24.
Last quarter, Huntsman reported revenue of $2.74 billion. GAAP reported sales were 7.9% lower than the prior-year quarter's $2.98 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.70. GAAP EPS were $0.48 for Q3 compared to -$0.15 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 19.7%, 320 basis points better than the prior-year quarter. Operating margin was 10.4%, 260 basis points better than the prior-year quarter. Net margin was 4.2%, 530 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $11.05 billion. The average EPS estimate is $2.26.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 632 members out of 661 rating the stock outperform, and 29 members rating it underperform. Among 208 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 206 give Huntsman a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Huntsman is hold, with an average price target of $15.67.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere