Huntsman Q2 revenue beats analyst expectations on higher volumes and pricing
HUN•Drivers of the quarter
- Higher volumes and pricing - Co said increased sales volumes and higher average selling prices across all segments drove revenue growth
- Industrial demand - Improved industrial demand, including in performance amines and markets such as aerospace, power and automotive, contributed to higher segment sales
- Cost and energy headwinds - Rising and volatile energy and crude oil related costs, particularly in Europe, weighed on results; company said price increases and cost reductions were used to offset these pressures
Outlook and analyst coverage
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Huntsman expects 2026 capital expenditures to be approximately $170 mln
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Company says rising and volatile energy and crude oil costs, especially in Europe, remain a headwind
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Huntsman expects the planned merger with Olin to deliver synergy targets and strengthen financial profile
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The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"
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The average consensus recommendation for the diversified chemicals peer group is "buy."
