NYSE$HUN
Huntsman Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Huntsman reported mixed results for Q1 2024, with revenue decrease offset by cost control measures.
Huntsman Corporation reported first quarter 2024 revenues of $1,470 million, a net loss attributable to Huntsman of $37 million, and an adjusted EBITDA of $81 million. The company saw sequential improvement compared to the fourth quarter due to higher sales volumes and improved margins. While demand and margins in Polyurethanes remain below historical averages, Huntsman expects improvement as key markets recover.
- Q1 2024 revenues reached $1,470 million.
- Net loss attributable to Huntsman was $37 million.
- Adjusted EBITDA stood at $81 million.
- The company expects continued improvement in the second quarter due to seasonal factors.
Headline financials
Revenue & EPS history
Huntsman · Revenue · Quarterly
$1.47B
Forward guidance
Huntsman expects trends to continue into a seasonally stronger second quarter. The company is focused on controlling costs to drive higher returns and cash flow to invest in the Company for the long-term and return cash to shareholders.
Tailwinds
- Expects trends to continue into a seasonally stronger second quarter.
- Focused on controlling costs to drive higher returns
- Focused on controlling costs to drive higher cash flow
- Flexibility to invest in the Company for the long-term
- Return cash to shareholders
Headwinds
- Overall demand for our products remains below historical averages
- Margins in Polyurethanes remain below historical averages
- Key markets need to recover.
- Effective tax rate was 56% and our adjusted effective tax rate was 57%
- Free cash flow from continuing operations was a use of cash of $105 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.6%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.1%
Avg return
30 days after
56%
38 / 68 earnings
Positive
+14.6%
Q3 2011
Best reaction
-29.4%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.7% | +5.1% | +6.8% | |
| Q4 2025 | +8.6% | +1.1% | -15.7% | |
| Q3 2025 | +10.2% | +14.3% | +35.3% | |
| Q1 2025 | -9.6% | -16.2% | -16.7% | |
| Q4 2024 | +4.8% | +3.6% | -3.8% | |
| Q3 2024 | -4.0% | -6.7% | -7.6% | |
| Q2 2024 | -5.5% | -5.6% | +2.0% | |
| Q1 2024 | +1.9% | +3.4% | +2.0% | |
| Q4 2023 | +6.1% | +3.9% | +3.6% | |
| Q3 2023 | -0.3% | +2.8% | +7.4% | |
| Q2 2023 | -5.4% | -3.8% | -6.4% | |
| Q1 2023 | -1.5% | -4.4% | -3.1% | |
| Q4 2022 | -5.6% | -4.1% | -13.0% | |
| Q3 2022 | +3.0% | -0.6% | +9.3% | |
| Q2 2022 | -1.0% | -0.5% | -5.8% | |
| Q1 2022 | -1.8% | -0.1% | +6.0% | |
| Q4 2021 | +12.2% | +12.4% | +8.6% | |
| Q3 2021 | +5.4% | +5.9% | +2.4% | |
| Q2 2021 | -1.6% | -4.2% | +0.1% | |
| Q1 2021 | +1.2% | +6.4% | -3.3% | |
| Q4 2020 | +0.8% | +1.1% | +4.2% | |
| Q3 2020 | +1.2% | +3.9% | +6.5% | |
| Q2 2020 | -1.2% | -6.7% | +8.8% | |
| Q1 2020 | -9.8% | -12.8% | +8.0% | |
| Q4 2019 | -3.4% | -6.4% | -28.3% | |
| Q3 2019 | -3.4% | -4.2% | -1.1% | |
| Q2 2019 | +2.2% | -4.9% | -2.4% | |
| Q1 2019 | -8.4% | -6.5% | -21.0% | |
| Q4 2018 | +1.7% | +5.1% | +5.6% | |
| Q3 2018 | +5.3% | +12.8% | -4.3% | |
| Q2 2018 | +3.2% | +2.6% | -2.6% | |
| Q1 2018 | -1.9% | -0.6% | +7.4% | |
| Q4 2017 | +1.6% | -3.2% | -13.2% | |
| Q3 2017 | +5.2% | +6.8% | +3.6% | |
| Q2 2017 | -1.8% | -3.9% | -3.1% | |
| Q1 2017 | -1.5% | -0.7% | -2.9% | |
| Q4 2016 | -0.6% | -1.8% | +5.3% | |
| Q3 2016 | +4.1% | +2.7% | +18.6% | |
| Q2 2016 | -1.6% | -4.3% | +5.4% | |
| Q1 2016 | +2.2% | — | — | |
| Q4 2015 | +5.5% | — | — | |
| Q3 2015 | +13.5% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | +2.9% | — | — | |
| Q4 2014 | -6.9% | — | — | |
| Q3 2014 | -1.8% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | +6.5% | — | — | |
| Q2 2013 | +1.2% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | -8.1% | — | — | |
| Q3 2012 | +9.9% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q1 2012 | +9.0% | — | — | |
| Q4 2011 | +6.2% | — | — | |
| Q3 2011 | +14.6% | — | — | |
| Q2 2011 | -29.4% | — | — | |
| Q1 2010 | +6.1% | — | — | |
| Q1 2011 | +0.7% | — | — | |
| Q4 2010 | -3.3% | — | — | |
| Q4 2008 | -3.3% | — | — | |
| Q3 2009 | -1.4% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q2 2009 | +1.6% | — | — |
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