Huntsman Corporation (HUN) shares are soaring 6.81% in pre-market trading on Friday, continuing the upward momentum from Thursday's 5.53% gain. The significant stock price jump comes on the heels of the specialty chemicals maker's better-than-expected third-quarter earnings report released the previous day, showcasing the company's resilience in a challenging economic environment.
Huntsman significantly outperformed analyst estimates in key financial metrics for Q3 2025. The company reported adjusted EBITDA of $94 million, surpassing the consensus estimate of $70.86 million. Additionally, Huntsman's adjusted net loss of $5 million for the quarter was considerably narrower than the expected loss of $21.9 million projected by analysts. While revenue met expectations at $1.46 billion, investors appeared to focus more on the company's profitability and cost management efforts.
Further boosting investor confidence, Huntsman's Board of Directors declared a quarterly cash dividend of $0.0875 per share, payable on December 31, 2025. Although this represents a 65% reduction from the previous dividend, the market's positive reaction suggests that investors appreciate the company's efforts to preserve financial flexibility. Huntsman expects restructuring savings to exceed $100 million by 2026 and is maintaining a strong focus on cash generation and cost control amid ongoing market challenges, which seems to have bolstered investor optimism about the company's operational efficiency and strategic direction.