Huntsman Shares Fall After 2Q Net Loss

Dow Jones
08/01
 

Shares of Huntsman fell after the company reported a net loss for the second quarter.

Shares were recently down about 19% at $9.76 on Friday. The stock is down about 15% over the past six months.

The global manufacturer of chemical products reported a net loss of $6 million, or 3 cents a share, compared with a net loss of $158 million, or 92 cents a share, a year earlier.

Revenue was $1.66 billion, up from $1.46 billion a year earlier. Analysts polled by FactSet expected about $1.60 billion.

Management said higher raw material and energy costs, particularly in Europe, and continued softness in construction end markets weighed on results.

 
 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10