Huntsman Corp. Q2 Profit Increases, Inline With Estimates

(RTTNews) - Huntsman Corp. (HUN) announced a profit for its second quarter that increased from last year in line with the Street estimates.

The company's earnings came in at $22 million, or $0.13 per share. This compares with $19 million, or $0.11 per share, in last year's second quarter.

Excluding items, Huntsman Corp. reported adjusted earnings of $24 million or $0.14 per share for the period.

Analysts on average had expected the company to earn $0.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.4% to $1.574 billion from $1.596 billion last year.

Huntsman Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $22 Mln. vs. $19 Mln. last year. -EPS (Q2): $0.13 vs. $0.11 last year. -Revenue (Q2): $1.574 Bln vs. $1.596 Bln last year.