THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Thursday reported a loss of $25 million in its third quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 14 cents. Losses, adjusted for restructuring costs and amortization costs, came to 3 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The chemical company posted revenue of $1.46 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.44 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUN at https://www.zacks.com/ap/HUN
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