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Earnings documents stored for HUN.
Investor releaseQuarter not tagged2026-08-13AVNT Q2 Earnings Top Estimates on Organic Growth, Guidance Up
Zacks
AVNT Q2 Earnings Top Estimates on Organic Growth, Guidance Up
Avient Corporation AVNT reported adjusted earnings of 96 cents per share for the second quarter of 2026, up 20% from 80 cents a year ago. The bottom line beat the Zacks Consensus Estimate of 89 cents by 7.9%. Better-than-expected organic volume growth aided the outperformance. Sales increased 5.8% year over year to $917 million and beat the Zacks Consensus Estimate of $895.3 million by 2.4%. Organic sales rose 4.3%, while favorable foreign exchange contributed 1.5%. Adjusted EBITDA margin expanded 110 basis points to a record 18.3%. Avient Corporation price-consensus-eps-surprise-chart | Avient Corporation Quote Color, Additives and Inks sales increased 6.6% year over year to $574.2 million from $538.6 million. Segment EBITDA rose 10.5% to $124.5 million from $112.7 million. The segment’s EBITDA margin improved to approximately 21.7% from 20.9% in the year-ago quarter. Specialty Engineered Materials generated sales of $343.9 million, up 4.3% from $329.7 million a year earlier. Segment EBITDA climbed 21.1% to $75.8 million from $62.6 million. EBITDA margin expanded to approximately 22% from 19%, indicating significant profitability improvement in the segment. Avient ended the second quarter with cash and cash equivalents of $425.6 million. Total debt was approximately $1.88 billion. For the first six months of 2026, net cash provided by operating activities was $59.3 million. Capital expenditures were $41.3 million. Management expects cash generation to support both growth investments and further balance-sheet improvement. Avient raised its full-year 2026 adjusted earnings guidance to $3.10-$3.25 per share from the previous range of $2.93-$3.17. The revised range implies adjusted earnings growth of 10-15% over 2025. Management cited year-to-date performance and visibility into third-quarter demand in raising its expectations. The company also increased its full-year adjusted EBITDA guidance to $575-$603 million. AVNT expects to repay $100-$150 million of debt during 2026, including the $50 million repaid in the second quarter. Management remains focused on targeted investments in prioritized growth portfolios while pursuing continued earnings growth and balance-sheet improvement. Shares of Avient have gained 25.5% in the past year against the 4.3% growth in the industry. Image Source: Zacks Investment Research AVNT currently carries a Zacks Rank #2 (Buy). You…Read full documentShow less
Avient Corporation AVNT reported adjusted earnings of 96 cents per share for the second quarter of 2026, up 20% from 80 cents a year ago. The bottom line beat the Zacks Consensus Estimate of 89 cents by 7.9%. Better-than-expected organic volume growth aided the outperformance. Sales increased 5.8% year over year to $917 million and beat the Zacks Consensus Estimate of $895.3 million by 2.4%. Organic sales rose 4.3%, while favorable foreign exchange contributed 1.5%. Adjusted EBITDA margin expanded 110 basis points to a record 18.3%. Avient Corporation price-consensus-eps-surprise-chart | Avient Corporation Quote Color, Additives and Inks sales increased 6.6% year over year to $574.2 million from $538.6 million. Segment EBITDA rose 10.5% to $124.5 million from $112.7 million. The segment’s EBITDA margin improved to approximately 21.7% from 20.9% in the year-ago quarter. Specialty Engineered Materials generated sales of $343.9 million, up 4.3% from $329.7 million a year earlier. Segment EBITDA climbed 21.1% to $75.8 million from $62.6 million. EBITDA margin expanded to approximately 22% from 19%, indicating significant profitability improvement in the segment. Avient ended the second quarter with cash and cash equivalents of $425.6 million. Total debt was approximately $1.88 billion. For the first six months of 2026, net cash provided by operating activities was $59.3 million. Capital expenditures were $41.3 million. Management expects cash generation to support both growth investments and further balance-sheet improvement. Avient raised its full-year 2026 adjusted earnings guidance to $3.10-$3.25 per share from the previous range of $2.93-$3.17. The revised range implies adjusted earnings growth of 10-15% over 2025. Management cited year-to-date performance and visibility into third-quarter demand in raising its expectations. The company also increased its full-year adjusted EBITDA guidance to $575-$603 million. AVNT expects to repay $100-$150 million of debt during 2026, including the $50 million repaid in the second quarter. Management remains focused on targeted investments in prioritized growth portfolios while pursuing continued earnings growth and balance-sheet improvement. Shares of Avient have gained 25.5% in the past year against the 4.3% growth in the industry. Image Source: Zacks Investment Research AVNT currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Ashland Inc.’s ASH adjusted earnings were $1.02 per share for the fiscal third quarter, down around 2% from the year-ago quarter’s figure of $1.04. The bottom line missed the Zacks Consensus Estimate of $1.03. For fiscal 2026, Ashland reaffirmed sales guidance of $1.835-$1.870 billion and adjusted EBITDA outlook of $385-$400 million. Huntsman Corporation HUN posted break-even earnings per share on an adjusted basis for the second quarter compared with a loss of 20 cents in the year-ago quarter. The Zacks Consensus Estimate of earnings was pegged at 6 cents per share. HUN expects to remain focused on additional price increases and cost-reduction initiatives to offset rising and volatile energy and crude oil-related costs, particularly in Europe. Olin Corporation’s OLN second-quarter adjusted earnings were 7 cents per share, in line with the Zacks Consensus Estimate. For the third quarter, Olin expects adjusted EBITDA in the range of $160 million to $200 million. OLN expects its Chemical businesses’ results to be comparable with second-quarter levels as lower operating rates at the Freeport vinyl chloride monomer facility and weaker ethylene dichloride pricing offset anticipated stronger caustic soda volumes. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Avient Corporation (AVNT) : Free Stock Analysis Report Ashland Inc. (ASH) : Free Stock Analysis Report Huntsman Corporation (HUN) : Free Stock Analysis Report Olin Corporation (OLN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-12TROX Q2 Earnings Miss Estimates on Higher Costs, Sales Beat
Zacks
TROX Q2 Earnings Miss Estimates on Higher Costs, Sales Beat
Tronox Holdings plc TROX posted an adjusted loss of 51 cents per share for the second quarter of 2026, wider than the year-ago loss of 28 cents. The loss was also wider than the Zacks Consensus Estimate of a loss of 39 cents. Revenues increased 19% year over year to $868 million and beat the consensus estimate of $848.8 million by 2.2%. Higher titanium dioxide (TiO2) and zircon volumes drove sales growth, although elevated production, freight and other costs weighed on profitability. Tronox Holdings PLC price-consensus-eps-surprise-chart | Tronox Holdings PLC Quote TiO2 sales were $700 million in the reported quarter, up 19% year over year. TiO2 sales volumes increased 18%, while average selling prices, including mix, were flat and currency contributed 1%. Sequentially, TiO2 sales rose 14% as volumes increased 9% and price/mix improved 5%. Zircon sales increased 43% year over year to $97 million. Sales volumes surged 61%, more than offsetting an 18% decline in average selling prices, including mix. Sequentially, zircon revenues increased 9%, supported by a 4% volume increase and a 5% improvement in price/mix. Cash and cash equivalents were $194 million as of June 30, 2026. Total debt stood at $3.2 billion, while net debt was $3 billion. Cash provided by operating activities was $105 million in the second quarter. Capital expenditures totaled $45 million, resulting in positive free cash flow of $60 million. For the third quarter of 2026, Tronox expects TiO2 volumes to decline sequentially in the mid-single-digit percentage range, consistent with normal seasonal patterns. Zircon volumes are expected to moderate slightly because of inventory availability after a strong first half. TiO2 pricing is projected to rise sequentially in the mid-single-digit percentage range, while zircon pricing is expected to increase in the mid- to high-single-digit range. Management forecasts adjusted EBITDA of $95-$115 million, with margins improving sequentially as pricing actions and higher operating rates provide support. Elevated input costs stemming from Middle East volatility are expected to partly offset these benefits. Free cash flow is expected to be relatively neutral in the third quarter, while Tronox continues to target meaningful positive free cash flow for full-year 2026. Looking further ahead, the company expects the definitive feasibility study for its rare-earths…Read full documentShow less
Tronox Holdings plc TROX posted an adjusted loss of 51 cents per share for the second quarter of 2026, wider than the year-ago loss of 28 cents. The loss was also wider than the Zacks Consensus Estimate of a loss of 39 cents. Revenues increased 19% year over year to $868 million and beat the consensus estimate of $848.8 million by 2.2%. Higher titanium dioxide (TiO2) and zircon volumes drove sales growth, although elevated production, freight and other costs weighed on profitability. Tronox Holdings PLC price-consensus-eps-surprise-chart | Tronox Holdings PLC Quote TiO2 sales were $700 million in the reported quarter, up 19% year over year. TiO2 sales volumes increased 18%, while average selling prices, including mix, were flat and currency contributed 1%. Sequentially, TiO2 sales rose 14% as volumes increased 9% and price/mix improved 5%. Zircon sales increased 43% year over year to $97 million. Sales volumes surged 61%, more than offsetting an 18% decline in average selling prices, including mix. Sequentially, zircon revenues increased 9%, supported by a 4% volume increase and a 5% improvement in price/mix. Cash and cash equivalents were $194 million as of June 30, 2026. Total debt stood at $3.2 billion, while net debt was $3 billion. Cash provided by operating activities was $105 million in the second quarter. Capital expenditures totaled $45 million, resulting in positive free cash flow of $60 million. For the third quarter of 2026, Tronox expects TiO2 volumes to decline sequentially in the mid-single-digit percentage range, consistent with normal seasonal patterns. Zircon volumes are expected to moderate slightly because of inventory availability after a strong first half. TiO2 pricing is projected to rise sequentially in the mid-single-digit percentage range, while zircon pricing is expected to increase in the mid- to high-single-digit range. Management forecasts adjusted EBITDA of $95-$115 million, with margins improving sequentially as pricing actions and higher operating rates provide support. Elevated input costs stemming from Middle East volatility are expected to partly offset these benefits. Free cash flow is expected to be relatively neutral in the third quarter, while Tronox continues to target meaningful positive free cash flow for full-year 2026. Looking further ahead, the company expects the definitive feasibility study for its rare-earths cracking and leaching facility to conclude by the third quarter of 2027. Shares of Tronox have risen 70.9% in the past year compared with the industry’s 4.8% growth. Image Source: Zacks Investment Research TROX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Ashland Inc.’s ASH adjusted earnings were $1.02 per share for the fiscal third quarter, down around 2% from the year-ago quarter’s figure of $1.04. The bottom line missed the Zacks Consensus Estimate of $1.03. For fiscal 2026, Ashland reaffirmed sales guidance of $1.835-$1.870 billion and adjusted EBITDA outlook of $385-$400 million. Huntsman Corporation HUN posted break-even earnings per share on an adjusted basis for the second quarter compared with a loss of 20 cents in the year-ago quarter. The Zacks Consensus Estimate of earnings was pegged at 6 cents per share. HUN expects to remain focused on additional price increases and cost-reduction initiatives to offset rising and volatile energy and crude oil-related costs, particularly in Europe. Olin Corporation’s OLN second-quarter adjusted earnings were 7 cents per share, in line with the Zacks Consensus Estimate. For the third quarter, Olin expects adjusted EBITDA in the range of $160 million to $200 million. OLN expects its Chemical businesses’ results to be comparable with second-quarter levels as lower operating rates at the Freeport vinyl chloride monomer facility and weaker ethylene dichloride pricing offset anticipated stronger caustic soda volumes. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tronox Holdings PLC (TROX) : Free Stock Analysis Report Ashland Inc. (ASH) : Free Stock Analysis Report Huntsman Corporation (HUN) : Free Stock Analysis Report Olin Corporation (OLN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-11KOP Q2 Earnings and Revenues Top Estimates on PC Unit Strength
Zacks
KOP Q2 Earnings and Revenues Top Estimates on PC Unit Strength
Koppers Holdings Inc. KOP posted adjusted earnings of $1.37 per share for the second quarter of 2026, down 7.4% year over year but above the Zacks Consensus Estimate of $1.12. On a reported basis, Koppers posted a net loss of $147.5 million, or $7.71 per share, compared with net income of $16.4 million, or 81 cents per share, a year earlier. The reported quarter included $215.8 million of impairment, restructuring and plant closure costs.Revenues rose 3% to $520.1 million and beat the consensus mark of $506.1 million by 2.8%.The quarter benefited from strong Performance Chemicals (PC) segment volumes and higher domestic utility pole volumes. PC volumes increased 11%, while domestic utility pole volumes rose 16%, helping offset pricing pressure and higher costs elsewhere in the portfolio.Adjusted EBITDA totaled $71 million, down 7.9% from $77.1 million. Higher raw material costs, unfavorable pricing in the Railroad and Utility Products and Services (RUPS) unit, higher freight and legal costs, and the impact of 2025 divestitures were partly offset by lower operating costs and improved throughput from network optimization efforts. Koppers Holdings Inc. price-consensus-eps-surprise-chart | Koppers Holdings Inc. Quote PC sales increased 11.5% year over year to $168.2 million. Adjusted EBITDA advanced 31.4% to $37.7 million, while the segment margin expanded to 22.4% from 19%.Higher sales volumes and $1.3 million of lower raw material costs drove the improvement. The raw material benefit reflected gains from Koppers' copper-hedging program, net of higher scrap copper costs, while increased logistics expenses partly offset the upside.RUPS sales fell 1.8% year over year to $245.9 million. Adjusted EBITDA declined 18.7% to $25.7 million, with margin contracting to 10.5% from 12.6%. Lower prices, unfavorable mix, higher raw material costs and weaker maintenance-of-way activity weighed on profitability.Carbon Materials and Chemicals sales rose 2.3% to $106 million, supported by higher carbon black feedstock volume and pricing and higher carbon pitch volume. Still, adjusted EBITDA dropped 54.8% to $7.6 million as higher raw material, operating and selling, general and administrative expenses offset sales gains and cost savings from the Stickney facility actions. For the first six months of 2026, operating cash flow reached a record $96.3 million, up from $27.8 million a…Read full documentShow less
Koppers Holdings Inc. KOP posted adjusted earnings of $1.37 per share for the second quarter of 2026, down 7.4% year over year but above the Zacks Consensus Estimate of $1.12. On a reported basis, Koppers posted a net loss of $147.5 million, or $7.71 per share, compared with net income of $16.4 million, or 81 cents per share, a year earlier. The reported quarter included $215.8 million of impairment, restructuring and plant closure costs.Revenues rose 3% to $520.1 million and beat the consensus mark of $506.1 million by 2.8%.The quarter benefited from strong Performance Chemicals (PC) segment volumes and higher domestic utility pole volumes. PC volumes increased 11%, while domestic utility pole volumes rose 16%, helping offset pricing pressure and higher costs elsewhere in the portfolio.Adjusted EBITDA totaled $71 million, down 7.9% from $77.1 million. Higher raw material costs, unfavorable pricing in the Railroad and Utility Products and Services (RUPS) unit, higher freight and legal costs, and the impact of 2025 divestitures were partly offset by lower operating costs and improved throughput from network optimization efforts. Koppers Holdings Inc. price-consensus-eps-surprise-chart | Koppers Holdings Inc. Quote PC sales increased 11.5% year over year to $168.2 million. Adjusted EBITDA advanced 31.4% to $37.7 million, while the segment margin expanded to 22.4% from 19%.Higher sales volumes and $1.3 million of lower raw material costs drove the improvement. The raw material benefit reflected gains from Koppers' copper-hedging program, net of higher scrap copper costs, while increased logistics expenses partly offset the upside.RUPS sales fell 1.8% year over year to $245.9 million. Adjusted EBITDA declined 18.7% to $25.7 million, with margin contracting to 10.5% from 12.6%. Lower prices, unfavorable mix, higher raw material costs and weaker maintenance-of-way activity weighed on profitability.Carbon Materials and Chemicals sales rose 2.3% to $106 million, supported by higher carbon black feedstock volume and pricing and higher carbon pitch volume. Still, adjusted EBITDA dropped 54.8% to $7.6 million as higher raw material, operating and selling, general and administrative expenses offset sales gains and cost savings from the Stickney facility actions. For the first six months of 2026, operating cash flow reached a record $96.3 million, up from $27.8 million a year earlier. Free cash flow was also a record at $72.6 million versus $1.4 million, after capital expenditures of $23.7 million.Long-term debt declined to $892.7 million as of June 30, 2026, from $914.3 million at year-end 2025. Cash and cash equivalents were $40.7 million compared with $38 million. Koppers returned $47.4 million to shareholders through share repurchases and quarterly dividends in the first half, up from $32.4 million a year earlier. Koppers maintained its 2026 sales forecast at $1.9-$2 billion but narrowed adjusted EBITDA guidance to $240-$250 million from the prior view of $240-$260 million. Adjusted earnings guidance was revised to $3.80-$4.20 per share from $3.80-$4.60.The company expects the challenging margin environment to persist through the rest of 2026, with input costs and freight remaining headwinds. Operating cash flow guidance remains $165-$185 million, free cash flow is projected at $110-$130 million and capital expenditures are expected to be $55 million. Shares of Koppers have rallied 70.4% in the past year compared with the Zacks Chemicals Diversified industry’s 6.8% growth. Image Source: Zacks Investment Research KOP currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Ashland Inc.’s ASH adjusted earnings were $1.02 per share for the fiscal third quarter, down around 2% from the year-ago quarter figure of $1.04. The bottom line missed the Zacks Consensus Estimate of $1.03. For fiscal 2026, Ashland reaffirmed sales guidance of $1.835-$1.870 billion and adjusted EBITDA outlook of $385-$400 million. Huntsman Corporation HUN posted break-even earnings per share on an adjusted basis for the second quarter compared with a loss of 20 cents in the year-ago quarter. The Zacks Consensus Estimate of earnings was pegged at 6 cents per share. HUN expects to remain focused on additional price increases and cost-reduction initiatives to offset rising and volatile energy and crude oil-related costs, particularly in Europe. Olin Corporation’s OLN second-quarter adjusted earnings were 7 cents per share, in line with the Zacks Consensus Estimate. For the third quarter, Olin expects adjusted EBITDA in the range of $160 million to $200 million. OLN expects its Chemical businesses’ results to be comparable with second-quarter levels as lower operating rates at the Freeport vinyl chloride monomer facility and weaker ethylene dichloride pricing offset anticipated stronger caustic soda volumes. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Koppers Holdings Inc. (KOP) : Free Stock Analysis Report Ashland Inc. (ASH) : Free Stock Analysis Report Huntsman Corporation (HUN) : Free Stock Analysis Report Olin Corporation (OLN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-31Huntsman Q2 Earnings Call Highlights
MarketBeat
Huntsman Q2 Earnings Call Highlights
Interested in Huntsman Corporation? Here are five stocks we like better. Third-quarter conditions are expected to remain stable after improved second-quarter margins, but Huntsman sees subdued global demand growth of roughly 0% to 2%, weak North American housing indicators and uneven consumer confidence. Advanced Materials volume rose 8% in the second quarter, led by demand from power-grid infrastructure, renewable energy, artificial intelligence-related electricity investment and aerospace. Industrial Elastomers and spray foam insulation also posted solid growth. Huntsman reiterated support for its proposed merger with Olin, targeting approximately $300 million in synergies plus more than $100 million of potential benefits after a chlorine supply contract expires; net leverage improved to 5.4 times and is expected to approach four times by year-end. DuPont’s Electronics Spinoff: The Start of Something Big Huntsman (NYSE:HUN) said it expects relatively stable conditions in the third quarter after improving margins in the second quarter, while management cited subdued demand growth, weaker North American housing indicators and uneven consumer confidence across major regions. Chairman, CEO and President Peter Huntsman said the company was able to raise prices in its MDI business during the second quarter, largely to recover higher raw-material costs. He said the company’s EBITDA nearly doubled from the second quarter of the prior year, although he remains concerned about the pace of demand recovery. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Huntsman Aims High, Exceeds Targets “On the supply side, I think it’s pretty well-balanced,” Huntsman said of the MDI market. “On the demand side, I’d like to see a little bit more.” He estimated global demand growth at roughly 0% to 2%, depending on geography, and said stronger North American housing activity, improved Asian consumer confidence and lower energy inflation in Europe would support the market. Huntsman described July results and order patterns heading into September as stable. He said the company sees both headwinds and tailwinds entering the third quarter, but that current conditions appear balanced. → Microsoft Just Flipped the AI Spending Narrative Overnight In Europe, Huntsman said pricing actions and the company’s cost structure should enable its operations there to be EBITDA-positive in t…Read full documentShow less
Interested in Huntsman Corporation? Here are five stocks we like better. Third-quarter conditions are expected to remain stable after improved second-quarter margins, but Huntsman sees subdued global demand growth of roughly 0% to 2%, weak North American housing indicators and uneven consumer confidence. Advanced Materials volume rose 8% in the second quarter, led by demand from power-grid infrastructure, renewable energy, artificial intelligence-related electricity investment and aerospace. Industrial Elastomers and spray foam insulation also posted solid growth. Huntsman reiterated support for its proposed merger with Olin, targeting approximately $300 million in synergies plus more than $100 million of potential benefits after a chlorine supply contract expires; net leverage improved to 5.4 times and is expected to approach four times by year-end. DuPont’s Electronics Spinoff: The Start of Something Big Huntsman (NYSE:HUN) said it expects relatively stable conditions in the third quarter after improving margins in the second quarter, while management cited subdued demand growth, weaker North American housing indicators and uneven consumer confidence across major regions. Chairman, CEO and President Peter Huntsman said the company was able to raise prices in its MDI business during the second quarter, largely to recover higher raw-material costs. He said the company’s EBITDA nearly doubled from the second quarter of the prior year, although he remains concerned about the pace of demand recovery. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Huntsman Aims High, Exceeds Targets “On the supply side, I think it’s pretty well-balanced,” Huntsman said of the MDI market. “On the demand side, I’d like to see a little bit more.” He estimated global demand growth at roughly 0% to 2%, depending on geography, and said stronger North American housing activity, improved Asian consumer confidence and lower energy inflation in Europe would support the market. Huntsman described July results and order patterns heading into September as stable. He said the company sees both headwinds and tailwinds entering the third quarter, but that current conditions appear balanced. → Microsoft Just Flipped the AI Spending Narrative Overnight In Europe, Huntsman said pricing actions and the company’s cost structure should enable its operations there to be EBITDA-positive in the third quarter. However, he identified European energy costs and consumer demand as the principal risks. Natural gas prices in Europe had increased from roughly $13 to $14 per MMBtu to above $20 per MMBtu over the preceding two to three weeks, he said. Management estimated global MDI industry capacity utilization in the mid-80% range, with U.S. utilization tighter than that level, Europe somewhat looser and Asia near the global average. Huntsman said industry outages had occurred, but that markets would be tighter if demand were expanding at historical annual rates of 4% to 6%. → Carrier Earnings Could Send the Stock to a New All-Time High The company does not expect significant effects from the return of supply disruptions in the U.S. MDI market during the third quarter. Huntsman said inventory had entered the second quarter at elevated levels in anticipation of a stronger housing season that did not develop as expected, leaving the supply-demand environment relatively flat heading into the third quarter. Regarding U.S. anti-dumping duties on MDI, Huntsman said the measures should improve the market floor over time compared with a year ago, but cautioned that the benefits would likely emerge over multiple quarters and depend on a recovery in housing and demand. He noted that MDI can still reach the U.S. market indirectly through trade flows involving Canada, Mexico and Latin America. Huntsman said a competitor’s polyol outage provided a low-$2 million to $3 million benefit during the second quarter. CFO and Executive Vice President Phil Lister said the upstream outages are over and supply is returning to the market in the third quarter. About 40% of the company’s Polyurethanes contracts are formula-based and extend beyond a quarter, according to Huntsman. Those arrangements typically reopen for negotiation every six to 12 months and are designed to account for movements in benzene, natural gas and other inputs. The company is pursuing surcharges where possible while continuing to honor contractual pricing commitments, he said. Management said Advanced Materials volume increased 8% in the second quarter. Huntsman attributed the growth to broad-based improvement across applications, with power-grid infrastructure and aerospace among the stronger areas. The company is seeing demand for products used in grid modernization, renewable-energy connections and electricity infrastructure supporting artificial intelligence-related investment, Huntsman said. In aerospace, recovery in wide-body aircraft production continues, although build rates for the Boeing 777 and 787 and Airbus A350 remain below 2018 and 2019 levels, he said. Huntsman also cited growth in aerospace interior parts and adhesives, along with better-than-expected automotive growth supported by newly qualified electric-vehicle applications. Coatings, construction and automotive markets generally are tracking purchasing managers’ indexes, he said. In Polyurethanes, Huntsman said industrial growth was led largely by its higher-margin Elastomers business, which posted double-digit gains in Asia, Europe and the Americas. The business serves specialty coatings, adhesives and related industrial applications. The company also reported continued low-double-digit growth in spray foam insulation despite a weak construction market. Huntsman credited supply-chain improvements, cost initiatives and marketing and sales execution in that business. Huntsman reiterated its support for the proposed merger of equals with Olin Corp., announced June 16. Peter Huntsman said the two companies’ teams are collaborating on closing preparations and expect to begin pursuing identified synergies on the first day after closing. Management has identified approximately $300 million in expected synergies, including about $75 million from purchasing, logistics and integration; roughly $75 million from overlap in the companies’ epoxy operations and related integration; and about $150 million in selling, general and administrative savings. The company also outlined more than $100 million of additional benefits expected after an existing chlorine supply contract expires. Huntsman said the largest and longest contract in the Americas runs through the end of 2030 and will be honored. Afterward, the combined company expects to internally supply chlorine and capture associated caustic value. Huntsman said the synergy estimates do not include potential commercial opportunities from combining the companies’ technologies, supply chains and customer relationships. Lister said the company expects some synergies to be realized early after the deal closes through Olin products that can be integrated into Huntsman’s EDC, EPI, LER and caustic requirements. On leverage, Lister said Huntsman’s net debt was approximately $1.7 billion and its net leverage ratio improved to 5.4 times from 6.1 times in the first quarter. He expects cash inflow during the second half to move leverage closer to four times by year-end. Looking toward 2027, Lister said projections included moderate improvement in global economic conditions, construction and housing activity, as well as continued gains in Advanced Materials’ power and aerospace businesses. The assumptions do not contemplate housing returning to prior peak levels, he said, but instead reflect a gradual move toward more cycle-average earnings through 2028. Huntsman Corporation is a global manufacturer and marketer of specialty chemicals with headquarters in The Woodlands, Texas. Founded in 1970 by entrepreneur Jon Huntsman Sr., the company has grown through strategic acquisitions and organic expansion to establish a broad portfolio of products serving diverse end markets. Huntsman maintains a presence in more than 30 countries, operating manufacturing facilities across North America, Europe, Asia-Pacific, Latin America and the Middle East. The company organizes its operations into several core business segments, including Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Huntsman Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.
TranscriptFY2026 Q22026-07-31FY2026 Q2 earnings call transcript
Earnings source - 99 paragraphs
FY2026 Q2 earnings call transcript
Welcome to the Huntsman second quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note that this conference is being recorded. I will now turn the conference over to Ivan Marcuse, VP of IR and Corporate Development. Thank you. You may begin.
Thank you, Daryl. Good morning, everyone. Welcome to Huntsman's second quarter 2026 earnings call. Joining us on the call today are Peter Huntsman, Chairman, CEO, and President, and Phil Lister, Executive Vice President and CFO. Yesterday, July 30th, 2026, we released our earnings for the second quarter of 2026 via press release and posted it on our website, huntsman.com. We also posted a set of slides and detailed commentary discussing the second quarter 2026 on our website. Peter Huntsman will provide some opening comments shortly. We will then move into the question-and-answer session for the remainder of the call. During the call, let me remind you that we may make statements about our projections or expectations for the future. All such statements are forward-looking statements. While they reflect our current expectations, they involve risks and uncertainties and are not guarantees of future performance.
You should review our filings with the SEC for more information regarding the factors that could cause actual results to differ materially from these projections or expectations. We do not plan on publicly updating or revising any forward-looking statements during the quarter. We will also refer to non-GAAP financial measures such as adjusted EBITDA, adjusted net income, and free cash flow. You can find reconciliations to the most directly comparable GAAP financial measures in our earnings release, which has been posted to our website, huntsman.com. I'll now turn the call over to Peter Huntsman, our Chairman and CEO.
Ivan, thank you very much. Thank you, everybody, for taking the time to join us this morning. It's been three months since the last time we were able to report on market conditions and what we were doing as a company to enhance shareholder value. Needless to say, it has been a rather busy few months on a number of fronts. I'd like to comment on a few things. I plan to be brief, as your questions and comments are the reason for this call. I stated during our last quarter's call that while I was heartened to see the prices and margins were improving across most of our product lines, I emphasized the need for, quote, "stable and long-term demand trends to continue." While we improved our margins from the first quarter, I remain concerned as to the growth rates and consumer confidence that we are seeing.
Since our last call, North American housing stats have softened, and Chinese consumer confidence continues to languish. Europe continues its ill-fated energy policy, and all that free wind is now costing European consumers and industry near record amounts. As ongoing conflicts in the Middle East seemingly move weekly from a ceasefire to all-out war, moving energy prices, stock markets, and consumer sentiment with each action, we continue to keep a wary eye on inflation and consumer spending, especially on durable goods. It seems much of this turbulence will continue through the third quarter. While this is playing havoc on cost and order patterns, it is also demonstrating the value of reliable supply lines, contractual assurance of supply, and the value of pricing and consistent quality. We will continue to push for greater margins as we believe that this industry still has a lot of room for improvement.
On the 16th of June, we announced a merger of equal with Olin Corporation. Since that time, we've had the opportunity to visit one-on-one with the majority of our largest shareholders. If I had to summarize my feelings towards this transaction, it would be in the answer that I shared when I was asked if I could do anything different than what had been done. My response was that I wish I had met Ken Lane a year earlier and that we were here today earning materially more than we otherwise would be earning. Regardless of market conditions, whether they improve or continue to languish, our company and shareholders will be better off with this proposed merger. If this transaction was a year behind us, we would be today well on our way to achieving an additional $300 million in synergies.
We would be earning more through newfound commercial opportunities that are not even part of our $300 million in synergies. We would have a stronger balance sheet that would be improving quarter by quarter. In short, should today's market conditions continue through next year, we will be better off than we are today. Should markets improve, we will be the benefactors of not only the forthcoming synergies but also higher combined volumes and greater integration. Either way, this positions us to improve regardless of market conditions. I have been impressed with the strong collaboration and interaction between the Huntsman and Olin teams that are advancing our closing at a rapid pace. Our teams will be ready on day one of closing to commence with achieving our outlined synergies. Between now and closing, we will continue to focus on creating as much shareholder value as possible.
Following the completion of this transaction, we'll be able to achieve far more. Operator, with that, we'll open the line up for any questions and comments.
Thank you. We will now be conducting a question-and-answer session. If you would like to ask a question, please press star one on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You may press star two if you would like to remove your question from the queue. Participants using speaker equipment, it may be necessary to pick up your handset before pressing the star keys. We ask that you please limit yourself to one question and one follow-up question. Our first questions come from the line of Frank Mitsch with Fermium Research. Please proceed with your questions.
Hey, good morning. I was wondering if you could update us on the state of the MDI business from a demand and a supply standpoint, particularly on the supply side, given what's been going on with the Iranian conflict. How did you see that impact 2Q? What are your expectations for 3Q and beyond?
Well, I think on 2Q, we had the ability to be able to put prices up. Much of that was to recover the increased raw materials that we were seeing at the time, but we were also able to get ahead, as our results indicate, that we've nearly doubled our EBITDA since second quarter of last year. Look, on a supply basis, we obviously have a large global MDI plant that is on the wrong side of the Strait of Hormuz, I would say, and that is probably representing somewhere around 4% of industry average. From a supply point of view, Frank, I think that it's pretty well-balanced. My disappointment, if I have one, is that we're not seeing greater demand and greater improvement in the macroeconomic situation. I don't want to be overly dire on this.
I'm just saying that, yeah, on the supply side, I think it's pretty well-balanced. On the demand side, I'd like to see a little bit more. Right now, depending on where you are around the world, you're probably seeing anywhere from 0%-2%, very low single digits sort of growth that is taking place. An improved economy, improved housing demand, particularly North America, would be very helpful. Return in consumer confidence in Asia would be very good to see. Frankly, improved consumer sentiment and lower energy inflation in Europe, I think would all be benefactors this time.
I hear you. Obviously, though, PMIs have actually ticked positive, so that's on the plus side of the equation. If I could also, other than what would you do differently, what else have you been hearing from investors regarding the Olin merger? Probably said a different way, what might be the investment community be missing given on how the shares have been trading? Thank you.
I'm not sure that the investment community is missing a whole lot as much as this industry is, I'll borrow the, what is it, Missouri? That's a show me state. I think that once you can actually get a transaction closed, show me that you're going to get the synergies that you said you're going to get on a timely basis. Show me the difference of what two companies together, one and one adds up to three. Show me this, I'll reward you with the commensurate results. I think that the market feedback that I personally am getting is that this makes sense. I like the integration.
Let's remember that chlorine and that the entire line of raw materials that we're presently buying from chlorine to caustic to Epi to LER to EDC, this is the only major supply chain that every single one of the divisions within Huntsman consumes today, and it affects every one of our businesses. We really have a material opportunity here to improve our economics and to be more competitive on a global basis. As we see the results of this coming through, I think that the market will be very quick and will be very generous in the reward.
Thank you. Our next question comes from the line of Josh Spector with UBS. Please proceed with your questions.
Yeah. Hi, good morning. I wanted to ask in Advanced Materials, I don't think you actually sized it specifically in the quarter. I'm curious if you could give a comment on that, it seems like you're assuming that unwinds in 3Q. Just trying to understand some of the phasing there a bit better.
Sorry, when you say the pull forward into Q2?
Yes.
Josh, it was a little bit in the aerospace segment where I think they were getting their supply chains. They just wanted to be more secure there. You saw a gauge of that, a couple million.
Yeah. Okay. Yeah, I think we're talking about low singular millions of dollars there.
Yeah.
Sorry.
Okay.
I thought we were actually moving material volumes there or something. No, that'll be a de minimis impact.
Okay. Just similarly within that segment, as you look at some of the upstream costs going down, I'm just wondering around some of the timing impacts. Is that something that helps your margins into 3Q, or is it all relatively quick?
We respond pretty quickly. We've got low inventories on raw materials. Typically, what we see, the raw material movements we see in that industry, it comes through pretty quick. I would say that our biggest impact in Q3 is going to be based as what we do in pricing and what we see in demand, more so than raw material movement.
Thank you. Our next question comes from the line of Hassan Ahmed with Alembic Global. Please proceed with your questions.
Morning, Peter. First question on Polyurethanes. Obviously, a lot of stuff moving around. We've seen some TDI outages I would imagine that may result in some incremental demand on the MDI side of it. We've obviously seen some outages in MDI itself. Just in terms of effective utilization rates, where do you see the industry? Should it be relatively snug over the next quarter or two? Part and parcel with that, I know you guys have taken some pricing actions in Europe in particular, but obviously Nat gas prices there continue to rise. Will you guys be EBITDA positive over there after the price actions? Will the industry over there be EBITDA positive as well?
Hassan, thank you very much. Good question. If I had to look at the market today in a snapshot, I would say that yes, Europe, with the pricing actions and with the cost structure that we have, Europe should be positive as we look into the third quarter. Again, over the last couple of weeks here, I'm talking the last two or three weeks, I've seen gas in Europe go from about $13, $14 per MMBtu rise above $20 per MMBtu. Should it continue to do that? Should electricity continue to rise at these rates? I don't believe that will be the case. If they were to continue, that obviously is going to pose some headwinds. That's my biggest concern around Europe right now on a macro basis, are energy costs and overall consumer demand.
It's tough to get prices up when you see demand going down or languishing, people are obviously fighting over a shrinking pie. As I think about Europe, I continue to be optimistic that we will be EBITDA positive in the third quarter there. As you look at it on a macro basis, I would imagine without looking at industry data, because there's not a whole lot that's published, we're probably operating in a capacity utilization rate somewhere in the mid-80s on a global basis. Some areas, I think in the U.S., it's tighter than that. I think in Europe it might be a little looser than that. Asia is probably right on top of that.
There have been a number of outages that are around, again, if demand were rising at traditional levels of 4%-6% per annum sort of growth rates, I think you'd see much tighter markets than today.
Understood. As a follow-up on the merger with Olin, again, going back to the question around your conversations with investors. Are you getting any pushback on these cost synergy numbers? Again, I just wanted to sort of seek some clarification around that. At least in my mind, part of the cost synergy is obviously the integration of chlorine into your polyurethane acid base. Also part of the synergy, cost synergy would be the incremental caustic that would be sort of produced as a result of Olin taking up those operating rates to feed into your polyurethane system.
Yeah.
Are you sort of seeing investors sort of quiz that, question that, or is there some confusion around that?
No, Hassan, I think it's a very good and fair question. I think that our industry is notorious for cost savings that don't always fall to the bottom line. You see these massive cost-saving programs that are initiated over a two or three-year period. At the end of the two or three-year period, you're kind of asking yourself, well, which one was it? Either the industry collapsed or you got zero cost savings. I don't really see a whole lot of difference in the bottom line. One of the things that literally in our very first conversations that Ken and I had on a one-on-one basis, this was something that was very important. If this deal is going to go forward, we're going to have to have real substantive synergies that make sense. We got our senior teams together.
They've met multiple times on a face-to-face basis, on an ongoing basis over the last couple of months. We have a bucket of about $300 million. Say that $75 million of that is purchasing logistics. That's pretty straightforward. You get your purchasing people together. They're buying products, we're buying products. Many of those are the same products. Who's buying at a better rate? Great. You've got a cost savings there. We look at the overlap between our epoxy businesses. We think that the combination of the two businesses coming together make for a stronger, a more competitive, a more capable company that is able to compete on a global basis. You've also got overlapping areas, where you have an opportunity to become more efficient there. That was approximately another $75 million.
Between those two areas, that also included added integration that comes by consuming more chlorine, more EPI, more LER, more EDC. As you do that, you're obviously producing and generating internally more caustic credit for that. That's kind of the two buckets of $75. Then you've got $150 million of SG&A. Obviously, the combined companies don't need two CEOs. Obviously, we don't need two CFOs. We don't need two independent board of directors and the associated cost filings, two audits, two this. As you start going through all of that, we think that $150 million was a number that was imminently achievable, and that after a two-year basis, the vast majority of these savings would be incurred.
There's another $100 plus million, I say plus because that's just not only chlorine savings, but it's also caustic value that's generated from that chlorine savings. That's merely a contract that exists with a chlorine supplier today that is not Olin, obviously. Huntsman will continue to honor that contract, and OlinHuntsman will continue to honor that contract through its duration. When it is complete, we will be supplying that internally, and we believe that that will be the benefit that will come from that. It's very straightforward. It's just a question of opening up a valve through an existing pipeline, through a system that we've used in the past and being able to take advantage of that.
The $300 million of synergies plus another $100 million that is the replacement, none of that did I outline any commercial opportunities wherein by being more competitive, by having a more competitive cost basis, that we're able to go out and get new customers, and that we're able to take our technologies of both companies coming together and capitalize on that. Again, I believe that in order to have the full benefit of these synergies, you're going to have to offset on an ongoing basis your inflation pressures on your cost system. When you can demonstrate that you truly have a combined package of $400 million of synergies, you're able to have the integration, you're able to have the new commercial opportunities, you're able to have your ongoing efficiency programs to offset inflation in addition to the synergies that I've just outlined.
That's what will fundamentally make what I believe when I say one and one make three. The EBITDA benefit from that, the multiple on that, will create roughly the value of a standalone Huntsman or a standalone Olin today, and you're essentially creating an entity through those cost savings that is equal to either one of us on a standalone basis. Hassan, I am sorry. That was way long of an answer here, but it's one that I think that people are rightly focused on. It's one that people should rightly be focused on and should be questioning, and it's one that we feel very confident that from day one we've been able to have these as a bottom-up number and calculation and not just some third-party consultant coming in and saying, Let's pick 5% or whatever of your revenues, and that should be your target.
Thank you. Our next question has come from the line of Matthew DeYoe with Bank of America. Please proceed with your questions.
Morning, everyone. Can you talk through the potential impacts of the anti-dumping duties on U.S. MDI and whether you think that lends to a higher floor over time for that business? What that floor could ultimately look like?
What the floor ultimately looks like, I wouldn't speculate on that. Not that I'm trying to avoid an answer as much as I just simply don't know, but it ought to be better than where we were a year ago. Let's also be honest. I believe that you're going to need demand to pick up. You're going to need housing to get back to a more normalized run rate to see any real material benefit come from this. Let's remember, there's a lot of MDI that's exported from the United States that goes into Canada, that goes into Mexico, that goes into Latin America and so forth. There's still imports from around the world that are going into those regions, and for every ton that goes into those regions and pushes U.S.-produced MDI back from those regions back into the United States market.
We can say that export-oriented MDI is not coming to the U.S., but it kind of is in a roundabout way, right? I think that a lot of people were expecting, as soon as this was implemented and put into place, you're going to see a benefit the next quarter. No, this is something that will play out over a multi-quarter basis, and you'll see the greatest benefit of this come about when demand returns and housing returns to more normalized basis.
I appreciate the answer, Peter. I've been jumping around a little bit, so I apologize if I missed it, but polyol pricing was pretty strong in the quarter. You had an outage, obviously, at one of the large competitors, which tightened a fair amount of the market. What was the benefit there? What does that look like in 3Q, 4Q? How is that market managing all that? Because we also heard some customers on the coating side talking about these shortages domestically as well.
I heard a lot more horror stories than I think actually happened in the industry. Look, our impact in benefit would be in the low $2 million-$3 million sort of a range. Yeah, I'm not sure that it was as big of a deal as some maybe put it out in the media.
Just as a reminder, Matt, obviously, that the upstream outages are over in quarter three, so product is coming back into the market there.
Thank you. Our next question has come from the line of David Begleiter with Deutsche Bank. Please proceed with your questions.
Good morning, Peter.
Morning, David.
Peter, U.S. MDI supply disruptions in Q2 helped you guys. As these disruptions come back online in Q3, is there a way to quantify the impact to you guys quarter-over-quarter?
I wish I could say that we had 100% operating rates during the quarter as well. We had some minor issues; I believe that were reported. I think across the industry, going from second quarter into third quarter, there was quite a bit of inventory going into second quarter that was built up for a housing season that really didn't take off as much as probably some anticipated. Bottom line, I don't see a whole lot of impact with those restarts going into the third quarter. It looks like it's pretty flat from a supply-demand basis.
Got it. In the filings you guys put out, you did provide some projections for EBITDA, specifically in 2027, roughly $500 million. Could you talk to that projection? I know things have constantly changed here, but maybe how you think about that number sitting here today.
Yeah, David, it's Phil. As we put together our projections and we looked out through the time period for the S-4, we assumed a continued improvement in economies around the world. Pickups in construction, nothing significant. Housing not moving back up to 1.8, 1.9, but fairly moderate improvements in housing activity as you move from 2026 into 2027. Continued improvements in our power, our aerospace businesses in Advanced Materials. In general, sort of a moderate improvement as we move towards what we'd call more cycle average earnings as you move through 2028.
Thank you. Our next question has come from the line of Kevin McCarthy with Vertical Research Partners. Please proceed with your questions.
Yes, thank you very much. Peter, I'd welcome any thoughts that you might have on the month of July and how that compared to the second quarter average. In particular, I think what I'm trying to gauge is, as you offer the guidance that you did on slide 13, do we need any sequential improvement between July and September, to achieve the midpoint of that range or not? Thank you.
Yeah. Good question, Kevin. I think that as I look at the results of July and I look at the order patterns going into September, if I describe it as simply as possible, it's stable. I think we're kind of looking the third quarter to be that. We try to say there's as much tailwind as there is headwind, I think that from where I sit today, again, all of that can come apart with all the actions going around the world. It feels pretty stable right now.
Okay. Thank you for that. Then if I may, your Advanced Materials volume seems like it's on a pretty good track at 8% growth in the second quarter. Can you comment on the aerospace piece of that segment and maybe the non-aerospace piece and kind of how you see the trajectory in the back half?
I would say that the business right now has a rising tide across all of our applications. There are two that are probably, I would say, rising a little bit faster than the others. The first of those would be power. When I talk about power, that's not electronics. That's power in the grid system. You think about all of these I'm going to say something favorable here about wind energy, so listen up. You think about all these windmills that all need to be interconnected. That's actually great. You kind of got this spider web of power lines that are connecting all of these things. As you think about that power grid system needs to be improved with the renewable or alternative energy. Power is also being built out going into AI.
The third area is power is also we're relying on a fast-growing AI alternative energy system that's built largely around a 30 to 50-year-old infrastructure. You're modernizing, you're expanding, and you've also, AI is impacting power. I give a shout-out to power. Aerospace for us, I want to just emphasize, we are still, when we think about wide bodies, wide body on a per plane basis, wide body is our bread and butter in Advanced Materials on the composite side. You think about the material that's going into wings and fuselages and so forth. The build rate on wide bodies, and I'm talking specifically about 777, 787s, and Airbus A350s, we are still not back to pre-COVID 2018, 2019 sort of build rates. What we are seeing in aerospace, we are seeing that recovery continue, A. B, we're seeing a number of new applications.
Interior parts and so forth. We're seeing aerospace adhesions and what have you. That area for us is growing faster than is the composite. Now, I expect the composite to continue to recover. Aerospace for us will continue to be a strong recovery story and also new application story. Bear in mind that for us, usually second quarter is usually a stronger month in aerospace. I wouldn't say it's typically seasonal. It seems like people store up at the beginning of the year and build out throughout the year. That's usually the case. The rest of the business, I would say in Advanced Materials, when we're looking at coatings, looking at construction, looking at automotive, all of those feel like they're all pretty much tracking PMIs.
I would just say that we are seeing a little bit better growth than what I would say would be inflation or PMI growth in automotive as well. Some new applications, particularly in EVs. We've talked about these in the past, where we qualified for applications a year ago, six months ago, and so forth. We're now starting to see the build rates of those hitting the market. We talked up these things a couple of quarters ago. We're actually starting to see that on the automotive. In Advanced Materials, automotive is another area where we're seeing stronger than kind of expected growth.
Thank you. Our next question comes from the line of Matthew Blair with Tudor, Pickering, Holt & Co. Please proceed with your questions.
Thanks, good morning, Peter. Would you say that spray foam is holding up relatively well despite the tough construction environment? I think the prepared remarks mentioned some new wins in select markets. Could you elaborate a little bit more on that?
I think that spray foam, we've got excellent leadership in spray foam, that's done a phenomenal job in making their supply chain more efficient, their cost better, and most importantly, their marketing and their sales have been very effective in a lethargic construction environment. We're seeing low double-digit growth continued to consistently take place in spray foam energy efficiency. I think that I'm a bit disappointed as where we were two years ago in that business, but I look at where we are today and they're hitting on all cylinders. They're doing a great job. It's been a great business for us.
Sounds good. I guess this might be for Phil, but any estimates on what net leverage would look like by the end of the year? I think you showed a pretty good improvement in the second quarter down to 5.4 from 6.1 in Q1. Do you think something around the range of 3.5-4 times net leverage by the end of 2026 is possible?
You're right, Matt. We went from 6.1 down to 5.4, with a net debt level of approximately $1.7 billion. Obviously, that was with kind of a seasonal cash outflow in the first half of the year. I'd expect certainly a cash inflow in the second half of the year to help that net debt number. You should be moving more towards that sort of four times net debt leverage ratio as you progress through the second half of the year.
Thank you. Our next question comes from the line of Abigail Eberts with Wells Fargo. Please proceed with your questions.
Hi there. Thanks for taking my question. Trying to focus on the positives in Polyurethanes. Can you speak to the underlying trends driving the growth in the industrial side of the market that you were seeing?
Yeah, Abigail. Thank you very much. As we think about the industrial growth for us, that's mostly our Elastomers business. Smaller volumes, much better margins there. We see that on a second quarter versus the prior year in our Elastomers business. We're up double digits, in Asia, Europe, and in the Americas. Again, that's going to be a lot of your Coatings, a lot of your specialty Coatings, Adhesives, and so forth. Think about when you put Coatings on the back of a pickup truck, and you're looking at industrial Coatings. These are fast-growing markets. We've got great innovation in these areas and a strong customer base.
Thank you.
Thank you. Our next question has come from the line of Arun Viswanathan with RBC Capital Markets. Please proceed with your questions.
Thanks for taking my question. Apologies, I was on mute there. I just wanted to go back to the supply-demand in MDI. Would you characterize the market still in slightly oversupplied situations? Is that mainly rectified through demand improvement? I think you referenced that earlier, but are there any supply actions that you think would be required at this point? Thanks.
No, I believe that it's pretty well-balanced. There's not a lot of new capacity that's come on. Look, the industry continues to grow, but it's just growing at a much slower pace than it has in years past. What it needs is North American housing durable goods. It needs Asia domestic economy to come back, and European consumerism to return.
Thanks. I guess when you look out into downstream spray foam and maybe some of the system houses capacity that you have, would you also characterize that as balanced? If or tight, does that lead to potentially some greater pricing opportunities downstream, but is it the case that you're just not able to take advantage of that because of weak demand as well? Thanks.
I think those areas continue to be well-balanced. Look, as you go further downstream, there's always plenty of competition and you're always in a race to make sure that as products are commoditized, that you've got a healthy supply chain of new products, new ideas, new innovation. I think that we do a good job in that area. It's a good balance, I think, between as things go commodity and as you have new opportunities and new innovation going in.
Thank you. Our next question comes from the line of Mike Harrison with Seaport Research Partners. Please proceed with your question.
Hi, good morning. Wanted to ask about Polyurethanes pricing in the Americas. Can you give us a sense of what portion of your contracts turn over every quarter? Are there any actions that you can take to maybe work around the contract structure, things like surcharges? Is there some kind of an opener that would allow you to renegotiate the terms?
Yeah. About 40% of our contracts are formula, meaning that they're going to be on a longer than a quarter to quarter basis. Now, those open up on anywhere from every six months, every 12 months, where you can renegotiate what you're charging somebody. Those are designed to be able to take in and absorb benzene and natural gas prices and so forth. As you think about that, about every six to 12 months, most of these contracts will have a pit stop where you can pull over and renegotiate, if you will. Which I'm not a big fan of either of those. I'd rather have it where we can move prices instantaneous with market conditions. We are where we are in Polyurethanes, and that's largely dictated by competition. Yes, we are aggressively moving on surcharges on everything and everywhere that we can.
At the same time, we also want to make sure that as you think about your customer relationships, that you're taking care of your customers, because if you're taking advantage of them today, the tables turn pretty quickly in this industry. Yes, we do honor our contracts. We do honor pricing formulas that we entered into. Doesn't mean I'm always happy with those, it is what it is.
was hoping you could also provide some more color on how the situation in the Middle East is impacting your PO/MTBE business in China. Looks like there was a nice benefit in the second quarter, and I am just curious, would you expect the third quarter benefit to be greater than what you saw in Q2? Thanks.
I think you're probably going to be flat Q2 to Q3. A lot of the gasoline supply and oxygenated levels and values and so forth, to some degree, those are going to be government dictate. It's not as free flowing, I would say, as you would see in the Americas or even in Europe. I'd say from Q2 to Q3, it's going to be flat.
Thank you. Our next question has come from the line of John Roberts with Mizuho Securities. Please proceed with your questions.
Thank you. Do you think your deal with Olin will cause your current chlorine and EDC suppliers to deal with Huntsman differently until you can switch over?
No, I certainly wouldn't expect them to. We've got contracts that we're honoring, and I know most of the leadership of those companies. They're going to honor those contracts as much as we do. I don't see anything there that would change the outlook at all.
Do the contracts at least go out as far as until you can do the switch over?
Yes. I wish they weren't going to last as long as they are, but as I said earlier, those are contracts that will be honored. The largest and longest contract that we have in the Americas is the one that I made reference to earlier that ends at the end of 2030.
As we said, John, we've got many other products which are moving from Olin's portfolio into Huntsman's EDC, EPI, LER, and also caustic. We'll take advantage of those as and when we're able to, and we've already assumed that we'll get some synergies pretty early on once the deal is actually consummated.
Thank you. Our final questions will come from the line of Laurence Alexander with Jefferies. Please proceed with your questions.
I wanted to touch on two things quickly, if possible. One is, does the merger open up scope for pruning or divestitures within your portfolio to accelerate the deleveraging? Can you just give a sense of what fits versus what is nice to have or maybe doesn't fit so well on the kind of merged portfolio basis from your perspective? Secondly, just on innovation, can you update on two fronts? One, kind of with the discussion around the composite materials going into aerospace and so on and the demand there, what your current perspective is on MIRALON and whatever happened to sort of scaling that up over time. Secondly, kind of the strategy around the polyurethane derivatives business or downstream business, the innovation efforts you were doing there. Can you give a sense for how much that is adding to the growth.
I realize it's swamped by the end market swings, in terms of a compound effect, how much traction have those efforts had over the last couple of years, and what does that set up for the next few years?
Laurence. Thanks. Great question. I think that when you look at portfolio management, that's going to be a decision that will be made by the new CEO of OlinHuntsman, Ken Lane. Obviously, the input of his management team and also that of the board of directors, and looking over that entire portfolio. I think any prudent company has to be able to look at their asset base and what impact do those assets have, and where's the value of those assets. The larger your portfolio is, I think as a general rule of thumb, not just in the chemical industry but across the board, the larger your portfolio is, the more flexibility you have.
If you're a relatively small company and you've got two divisions, you don't have a lot of optionality of getting rid of one of those divisions because you may end up being so small you can't afford to get that small, and cut the company in half. If you've got a larger portfolio with more entities and different forms of integration, so forth, I think you've got more flexibility there. Again, probably a frustrating answer to you in the sense that I'm not going to get obviously into various products or divisions or entities and so forth. I think that this does give both companies, once they're together, greater flexibility to assess their assets and to more aggressively achieve their objectives of de-leveraging and having a strong balance sheet.
As I think about MIRALON and the overall products that we see there, I think that if I were just to put it in the simplest of terms, the product that we're producing today is being very well accepted by customers. Our challenge that is before us today is how do we scale that production up as quickly as possible and as successfully as possible. I'd rather have that challenge than the challenge that we're able to make a lot of product that nobody wants. We're able to make something that customers have been able to utilize. They've seen the benefit of it. Now our challenge is to make sure that we've got the ability to increase our capacity, thus lowering the cost per ton of production. I believe that we're well on that path. Again, as I said earlier, same with synergies.
Show me the output and show me the results, I think you get credit for it, and I think we're much closer to achieving that than we were a quarter or two ago. As we look at our downstream derivatives in Polyurethanes, I believe that looking at our insulation business, looking at our adhesives, our elastomers, our ACE businesses that we talked about earlier, we're going to continue to build on those. I think we've got a very good product pipeline. The investment we made a few years ago in the Patriot product in Louisiana to further derivatize downstream our capacity gives us the ability in China, gives us the ability in Europe, and gives us the ability in North America to take more pounds than we've ever had before and derivatize those into greater value-added components.
That's going to be an important part of our strategy going forward.
Laurence, I just look at the growth numbers that we put out this quarter, 8% in Advanced Materials, 4% in Polyurethanes, Those are clearly in excess of what we're seeing in the underlying markets. A big part of that is the innovation gains that we're seeing throughout those two divisions.
Thank you. We have reached the end of our question-and-answer session. With that, I would like to bring the call to a close. We appreciate your participation. You may disconnect your lines at this time, and have a wonderful day.
Investor releaseQuarter not tagged2026-07-30Huntsman (HUN) Reports Break-Even Earnings for Q2
Zacks
Huntsman (HUN) Reports Break-Even Earnings for Q2
Huntsman (HUN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to a loss of $0.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100.00%. A quarter ago, it was expected that this chemical company would post a loss of $0.23 per share when it actually produced a loss of $0.2, delivering a surprise of +13.04%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Huntsman, which belongs to the Zacks Chemical - Diversified industry, posted revenues of $1.66 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.56%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Huntsman shares have added about 19.6% since the beginning of the year versus the S&P 500's gain of 6.9%. While Huntsman has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Huntsman was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interest…Read full documentShow less
Huntsman (HUN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to a loss of $0.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100.00%. A quarter ago, it was expected that this chemical company would post a loss of $0.23 per share when it actually produced a loss of $0.2, delivering a surprise of +13.04%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Huntsman, which belongs to the Zacks Chemical - Diversified industry, posted revenues of $1.66 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.56%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Huntsman shares have added about 19.6% since the beginning of the year versus the S&P 500's gain of 6.9%. While Huntsman has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Huntsman was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.06 on $1.53 billion in revenues for the coming quarter and -$0.22 on $5.93 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Diversified is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, LyondellBasell (LYB), has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31. This oil refiner and chemical company is expected to post quarterly earnings of $3.56 per share in its upcoming report, which represents a year-over-year change of +474.2%. The consensus EPS estimate for the quarter has been revised 21.4% lower over the last 30 days to the current level. LyondellBasell's revenues are expected to be $8.9 billion, up 16.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Huntsman Corporation (HUN) : Free Stock Analysis Report LyondellBasell Industries N.V. (LYB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-30Huntsman: Q2 Earnings Snapshot
Associated Press
Huntsman: Q2 Earnings Snapshot
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Huntsman Corp. (HUN) on Thursday reported a loss of $6 million in its second quarter. On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were less than 1 cent on a per-share basis. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The chemical company posted revenue of $1.66 billion in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $1.55 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUN at https://www.zacks.com/ap/HUN
Investor releaseQuarter not tagged2026-07-30Huntsman Announces Second Quarter 2026 Earnings
PR Newswire
Huntsman Announces Second Quarter 2026 Earnings
Second Quarter Highlights Second quarter 2026 net loss attributable to Huntsman of $6 million compared to a net loss of $158 million in the prior year period; second quarter 2026 diluted loss per share of $0.03 compared to diluted loss per share of $0.92 in the prior year period. Second quarter 2026 adjusted net income attributable to Huntsman of nil compared to adjusted net loss of $34 million in the prior year period; second quarter 2026 adjusted diluted income per share of nil compared to adjusted diluted loss per share of $0.20 in the prior year period. Second quarter 2026 adjusted EBITDA of $120 million compared to $74 million in the prior year period. Second quarter 2026 net cash used in operating activities from continuing operations was $60 million. Free cash flow was a use of cash of $90 million for the second quarter 2026 compared to a source of cash of $55 million in the prior year period. On June 16, 2026, we announced that we signed an agreement to complete an all-stock merger of equals with Olin Corporation. THE WOODLANDS, Texas, July 30, 2026 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today reported second quarter 2026 results with revenues of $1,663 million, net loss attributable to Huntsman of $6 million, adjusted net income attributable to Huntsman of nil and adjusted EBITDA of $120 million. Peter R. Huntsman, Chairman, President, and CEO, commented: "We delivered a solid quarter, supported by higher volumes across all three segments and pricing actions that offset a significant increase in raw material costs. Improved industrial demand helped counter continued softness in construction. Rising and volatile energy and crude oil related costs, particularly in Europe, remain a headwind, and we will stay focused on additional price increases and cost-reduction initiatives to help offset these pressures. Our planned merger of equals with Olin Corporation continues to progress at pace. The strong collaboration between our teams reinforces my confidence in our ability to deliver the synergy targets we have outlined. We also expect the combined company to benefit from vertical integration, greater scale, and a stronger financial profile, creating meaningful value for shareholders of both companies. The stockholder vote is scheduled for August 25, 2026, and we are excited about the future of OlinHuntsman." Segment Analysis for 2Q26 Compared to…Read full documentShow less
Second Quarter Highlights Second quarter 2026 net loss attributable to Huntsman of $6 million compared to a net loss of $158 million in the prior year period; second quarter 2026 diluted loss per share of $0.03 compared to diluted loss per share of $0.92 in the prior year period. Second quarter 2026 adjusted net income attributable to Huntsman of nil compared to adjusted net loss of $34 million in the prior year period; second quarter 2026 adjusted diluted income per share of nil compared to adjusted diluted loss per share of $0.20 in the prior year period. Second quarter 2026 adjusted EBITDA of $120 million compared to $74 million in the prior year period. Second quarter 2026 net cash used in operating activities from continuing operations was $60 million. Free cash flow was a use of cash of $90 million for the second quarter 2026 compared to a source of cash of $55 million in the prior year period. On June 16, 2026, we announced that we signed an agreement to complete an all-stock merger of equals with Olin Corporation. THE WOODLANDS, Texas, July 30, 2026 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today reported second quarter 2026 results with revenues of $1,663 million, net loss attributable to Huntsman of $6 million, adjusted net income attributable to Huntsman of nil and adjusted EBITDA of $120 million. Peter R. Huntsman, Chairman, President, and CEO, commented: "We delivered a solid quarter, supported by higher volumes across all three segments and pricing actions that offset a significant increase in raw material costs. Improved industrial demand helped counter continued softness in construction. Rising and volatile energy and crude oil related costs, particularly in Europe, remain a headwind, and we will stay focused on additional price increases and cost-reduction initiatives to help offset these pressures. Our planned merger of equals with Olin Corporation continues to progress at pace. The strong collaboration between our teams reinforces my confidence in our ability to deliver the synergy targets we have outlined. We also expect the combined company to benefit from vertical integration, greater scale, and a stronger financial profile, creating meaningful value for shareholders of both companies. The stockholder vote is scheduled for August 25, 2026, and we are excited about the future of OlinHuntsman." Segment Analysis for 2Q26 Compared to 2Q25 Polyurethanes The increase in revenues in our Polyurethanes segment for the three months ended June 30, 2026 compared to the same period of 2025 was primarily due to higher average selling prices and higher sales volumes. MDI average selling prices increased across all three regions due to improved supply and demand dynamics. MDI sales volumes increased in the Americas and Europe regions. The increase in segment adjusted EBITDA was primarily due to higher average selling prices, higher sales volumes, higher equity earnings from our minority-owned joint venture in China and cost savings achieved from our cost optimization program, partially offset by higher raw materials costs. Performance Products The increase in revenues in our Performance Products segment for the three months ended June 30, 2026 compared to the same period of 2025 was primarily due to higher sales volumes and slightly higher average selling prices. Sales volumes increased primarily due to favorable demand in our performance amines business. Average selling prices increased primarily due to higher raw materials costs. The increase in segment adjusted EBITDA was primarily due to higher sales volumes and lower fixed costs achieved from our cost optimization program. Advanced Materials The increase in revenues in our Advanced Materials segment for the three months ended June 30, 2026 compared to the same period of 2025 was primarily due to higher average selling prices and higher sales volumes. Average selling prices increased primarily due to favorable sales mix and the positive impact of major foreign currency exchange rate movements against the U.S. dollar. Sales volumes increased primarily in our aerospace, power and automotive markets. The increase in segment adjusted EBITDA was primarily due to higher margins and higher sales volumes. Liquidity and Capital Resources During the three months ended June 30, 2026, our free cash flow used was $90 million as compared to a source of cash of $55 million in the same period of 2025. As of June 30, 2026, we had approximately $0.9 billion of combined cash and unused borrowing capacity. During the three months ended June 30, 2026, we spent $30 million on capital expenditures as compared to $37 million in the same period of 2025. During 2026, we expect capital expenditures to be approximately $170 million. Income Taxes In the second quarter of 2026, our effective tax rate was 65% and our adjusted effective tax rate was 61%. Earnings Conference Call Information We will hold a conference call to discuss our second quarter 2026 financial results on Friday, July 31, 2026, at 10:00 a.m. ET. Webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=r4UuXqgQ Participant dial-in numbers:Domestic callers: (877) 402-8037International callers: (201) 378-4913 The conference call will be accompanied by presentation slides that will be accessible via the webcast link and Huntsman's investor relations website, www.huntsman.com/investors. Upon conclusion of the call, the webcast replay will be accessible via Huntsman's website. Upcoming ConferencesDuring the third quarter 2026, a member of management is expected to present at:Seaport Summer Investor Conference, August 18, 2026UBS Conference, September 9, 2026Jefferies Industrials Conference, September 10, 2026Alembic Conference, September 14, 2026Deutsche Bank Leveraged Finance Conference, September 28, 2026 A webcast of the presentation, if applicable, along with accompanying materials will be available at www.huntsman.com/investors. (2)-81250.050.72Adjusted(1)$ 120$ 74$ (20)$ (15)-(34)$ -$ (0.20)Adjusted income tax expense(1)2015Net income attributable to noncontrolling interests1313Adjusted pre-tax income (loss)(1)$ 33$ (6)Adjusted effective tax rate(3)61 %(250 %)Effective tax rate65 %(5 %) Income tax Net Diluted (loss) income EBITDA and other expense loss per share Six months endedSix months endedSix months endedSix months endedJune 30,June 30,June 30,June 30,In millions, except per share amounts20262025202620252026202520262025Net loss$ (34)$ (134)$ (34)$ (134)$ (0.20)$ (0.78)Net income attributable to noncontrolling interests(25)(29)(25)(29)(0.14)(0.17)Net loss attributable to Huntsman Corporation(59)(163)(59)(163)(0.34)(0.94)Interest expense, net from continuing operations4440Income tax expense from continuing operations2822$ (28)$ (22)Income tax expense from discontinued operations(3)-1Depreciation and amortization from continuing operations150141Business acquisition and integration gain and purchase accountinginventory adjustments-(5)---(5)-(0.03)EBITDA / Loss (income) from discontinued operations(3)3(1)N/AN/A3-0.02-Establishment of significant deferred tax asset valuation allowances, net---1-1-0.01Gain on sale of business/assets, net(22)---(22)-(0.13)-Expenses associated with the proposed merger5---5-0.03-Loss on early extinguishment of debt1---1-0.01-Certain legal and other settlements and related expenses (income), net11(32)-711(25)0.06(0.14)Amortization of pension and postretirement actuarial losses1414(3)(2)11120.060.07Restructuring, impairment and plant closing and transition costs18129(3)(2)151270.090.74Adjusted(1)$ 193$ 146$ (34)$ (18)(35)(53)$ (0.20)$ (0.31)Adjusted income tax expense(1)3418Net income attributable to noncontrolling interests2529Adjusted pre-tax income (loss)(1)$ 24$ (6)Adjusted effective tax rate(4)142 %(300 %)Effective tax rate(933 %)(20 %)N/M = not meaningfulN/A = not applicable About Huntsman:Huntsman Corporation is a publicly traded global manufacturer and marketer of diversified chemical products with 2025 revenues of approximately $6 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 55 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com. Social Media:X: http://www.x.com/Huntsman_CorpFacebook: www.facebook.com/huntsmancorpLinkedIn: www.linkedin.com/company/huntsman Forward-Looking Statements: This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, divestitures or strategic transactions, including the planned merger of equals with Olin Corporation, statements about the anticipated benefits of the contemplated transaction, including future expected synergies and cost savings related to the contemplated transaction, the plans, objectives, expectations and intentions of Olin, Huntsman or the combined company business trends and any other information that is not historical information. When used in this press release, the words "estimates," "expects," "anticipates," "likely," "projects," "outlook," "plans," "intends," "believes," "forecasts," or future or conditional verbs, such as "will," "should," "could" or "may," and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements, including, without limitation, management's examination of historical operating trends and data, are based upon our current expectations and various assumptions and beliefs. In particular, such forward-looking statements are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the Company's operations, markets, products, prices and other factors as discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"). Significant risks and uncertainties may relate to, but are not limited to, uncertainties as to the timing of the contemplated merger; uncertainties as to the approval of Huntsman's stockholders and Olin's shareholders required in connection with the contemplated merger; the possibility that the closing conditions to the contemplated merger may not be satisfied or waived, including that a governmental entity may prohibit, delay or refuse to grant a necessary regulatory approval; the effects of disruption caused by the announcement of the contemplated merger making it more difficult to maintain relationships with employees, customers, vendors and other business partners; the risk that stockholder litigation in connection with the contemplated merger may affect the timing or occurrence of the contemplated merger or result in significant costs of defense, indemnification and liability; ability to refinance existing indebtedness of Huntsman in connection with the contemplated merger; other business effects, including the effects of industry, economic or political conditions outside of the control of the parties to the contemplated merger; transaction costs; high energy costs in Europe, inflation and high capital costs, geopolitical instability, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of the Company's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions and manufacturing optimization improvements in the Company's businesses and to realize anticipated cost savings, and other financial, operational, economic, competitive, environmental, political, legal, regulatory and technological factors. Any forward-looking statement should be considered in light of the risks set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025, which may be supplemented by other risks and uncertainties disclosed in any subsequent reports filed or furnished by the Company from time to time. All forward-looking statements apply only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Additional Information and Where to Find ItThis release may be deemed to be solicitation material in respect of the proposed transaction between Olin Corporation ("Olin") and Huntsman Corporation ("Huntsman"). In connection with the proposed transaction, Olin and Huntsman have filed and intend to file relevant materials with the United States Securities and Exchange Commission (the "SEC"), including, among other filings, an Olin registration statement on Form S-4, as filed on July 2, 2026 and as amended on July 10, 2026 (the "Form S-4"), in connection with the proposed issuance of shares of Olin's common stock pursuant to the proposed transaction, which Form S-4 contains a joint proxy statement/prospectus of Olin and Huntsman. The registration statement was declared effective by the SEC on July 13, 2026 and Olin filed a prospectus and each of Olin and Huntsman filed a definitive proxy statement, respectively, and commenced mailing the definitive joint proxy statement/prospectus on July 13, 2026 to each of the shareholders of Olin and stockholders of Huntsman entitled to vote on their respective transaction-related proposals at the respective special meetings. INVESTORS AND STOCKHOLDERS OF OLIN AND HUNTSMAN ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC IN THEIR ENTIRETY, INCLUDING THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS, AS EACH MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION, THE PARTIES TO THE PROPOSED TRANSACTION AND ANY SOLICITATION. This release is not a substitute for the registration statement, the definitive joint proxy statement/prospectus or any other document that Olin or Huntsman may file with the SEC and send to their respective shareholders and stockholders in connection with the proposed transaction. Investors and securityholders will be able to obtain free copies of the registration statement and the definitive joint proxy statement/prospectus, as each may be amended or supplemented from time to time, and other relevant documents filed with the SEC by Olin and Huntsman from the SEC's website at http://www.sec.gov, on Olin's website at https://olin.com under the tab "Investors" and under the heading "SEC Filings" and on Huntsman's website at https://www.huntsman.com under the tab "Investors" and under the heading "Financials" and subheading "SEC filings." Participants in the SolicitationOlin, Huntsman, their respective directors, executive officers and certain other members of management and employees, under SEC rules, may be deemed to be "participants" in the solicitation of proxies from Olin's shareholders and Huntsman's stockholders in connection with the proposed transaction. Information about Olin's directors and executive officers is set forth in Olin's Proxy Statement on Schedule 14A for its 2026 Annual Meeting of shareholders, which was filed with the SEC on March 20, 2026, its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 20, 2026, its Current Report on Form 8-K, which was filed with the SEC on April 30, 2026, and subsequent statements of changes in beneficial ownership on file with the SEC, including the Initial Statements of Beneficial Ownership on Form 3, Statements of Change in Ownership on Form 4 or Annual Statements of Beneficial Ownership on Form 5 on file with the SEC, including filings made on March 20, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 19, 2026, June 3, 2026 and June 18, 2026. Information about Huntsman's directors and executive officers is set forth in the Huntsman Proxy Statement on Schedule 14A for its 2026 Annual Meeting of stockholders, which was filed with the SEC on March 16, 2026, its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 18, 2026, its Current Report on Form 8-K, which was filed with the SEC since May 1, 2026, and subsequent statements of changes in beneficial ownership on file with the SEC, including the Initial Statement of Beneficial Ownership on Form 3, Statements of Change in Ownership on Form 4 or Annual Statements of Beneficial Ownership on Form 5 on file with the SEC, including filings made on June 3, 2026. Additional information concerning the interests of potential participants in the solicitation of proxies in connection with the proposed transaction, which may, in some cases, be different than those of Olin's shareholders or Huntsman's stockholders generally, are set forth in the registration statement, the definitive joint proxy statement/prospectus and other relevant materials filed with and to be filed with the SEC relating to the proposed transaction. You may obtain these documents free of charge through the website maintained by the SEC at http://www.sec.gov and from the Olin or Huntsman websites described above. No Offer or SolicitationThis release does not constitute an offer to sell or the solicitation of an offer to buy or exchange any securities or a solicitation of any vote or approval in any jurisdiction. It does not constitute a prospectus or prospectus equivalent document. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended. View original content to download multimedia:https://www.prnewswire.com/news-releases/huntsman-announces-second-quarter-2026-earnings-302839480.html
Investor releaseQuarter not tagged2026-07-30Compared to Estimates, Huntsman (HUN) Q2 Earnings: A Look at Key Metrics
Zacks
Compared to Estimates, Huntsman (HUN) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Huntsman (HUN) reported revenue of $1.66 billion, up 14.1% over the same period last year. EPS came in at $0, compared to -$0.20 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.55 billion, representing a surprise of +7.56%. The company delivered an EPS surprise of -100%, with the consensus EPS estimate being $0.06. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Huntsman performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Local currency & mix - Polyurethanes: 10% versus the three-analyst average estimate of -16.6%. Total - Polyurethanes: 16% compared to the 10.6% average estimate based on two analysts. Sales volume - Performance Products: 3% versus the two-analyst average estimate of -5.1%. Local currency & mix - Performance Products: 1% compared to the -0.6% average estimate based on two analysts. Exchange rate - Advanced Materials: 3% versus the two-analyst average estimate of 2%. Sales volume - Advanced Materials: 8% compared to the 2.3% average estimate based on two analysts. Local currency & mix - Advanced Materials: 8% versus 0.5% estimated by two analysts on average. Total - Advanced Materials: 19% versus the two-analyst average estimate of 7.3%. Revenues- Polyurethanes: $1.08 billion versus the four-analyst average estimate of $998.22 million. The reported number represents a year-over-year change of +15.8%. Revenues- Advanced Materials: $313 million compared to the $275.76 million average estimate based on four analysts. The reported number represents a change of +18.6% year over year. Revenues- Performance Products: $283 million compared to the $260.24 million average estimate based on four analysts. The reported number represents a change of +4.8% year over year. Revenues- Intersegment eliminations: $-12 million versus the three-analyst average estimate of $-13.61 mi…Read full documentShow less
For the quarter ended June 2026, Huntsman (HUN) reported revenue of $1.66 billion, up 14.1% over the same period last year. EPS came in at $0, compared to -$0.20 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.55 billion, representing a surprise of +7.56%. The company delivered an EPS surprise of -100%, with the consensus EPS estimate being $0.06. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Huntsman performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Local currency & mix - Polyurethanes: 10% versus the three-analyst average estimate of -16.6%. Total - Polyurethanes: 16% compared to the 10.6% average estimate based on two analysts. Sales volume - Performance Products: 3% versus the two-analyst average estimate of -5.1%. Local currency & mix - Performance Products: 1% compared to the -0.6% average estimate based on two analysts. Exchange rate - Advanced Materials: 3% versus the two-analyst average estimate of 2%. Sales volume - Advanced Materials: 8% compared to the 2.3% average estimate based on two analysts. Local currency & mix - Advanced Materials: 8% versus 0.5% estimated by two analysts on average. Total - Advanced Materials: 19% versus the two-analyst average estimate of 7.3%. Revenues- Polyurethanes: $1.08 billion versus the four-analyst average estimate of $998.22 million. The reported number represents a year-over-year change of +15.8%. Revenues- Advanced Materials: $313 million compared to the $275.76 million average estimate based on four analysts. The reported number represents a change of +18.6% year over year. Revenues- Performance Products: $283 million compared to the $260.24 million average estimate based on four analysts. The reported number represents a change of +4.8% year over year. Revenues- Intersegment eliminations: $-12 million versus the three-analyst average estimate of $-13.61 million. The reported number represents a year-over-year change of +50%. View all Key Company Metrics for Huntsman here>>> Shares of Huntsman have returned +13.4% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Huntsman Corporation (HUN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-30Huntsman Announces Third Quarter 2026 Common Dividend
PR Newswire
Huntsman Announces Third Quarter 2026 Common Dividend
THE WOODLANDS, Texas, July 30, 2026 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that its Board of Directors has declared a $0.0875 per share cash dividend on its common stock. The dividend is payable on September 30, 2026, to stockholders of record as of September 15, 2026. About Huntsman:Huntsman Corporation is a publicly traded global manufacturer and marketer of diversified chemical products with 2025 revenues of approximately $6 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 55 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com. Social Media:X: www.x.com/Huntsman_CorpFacebook: www.facebook.com/huntsmancorpLinkedIn: www.linkedin.com/company/huntsman Forward-Looking Statements:Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any f…Read full documentShow less
THE WOODLANDS, Texas, July 30, 2026 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that its Board of Directors has declared a $0.0875 per share cash dividend on its common stock. The dividend is payable on September 30, 2026, to stockholders of record as of September 15, 2026. About Huntsman:Huntsman Corporation is a publicly traded global manufacturer and marketer of diversified chemical products with 2025 revenues of approximately $6 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 55 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com. Social Media:X: www.x.com/Huntsman_CorpFacebook: www.facebook.com/huntsmancorpLinkedIn: www.linkedin.com/company/huntsman Forward-Looking Statements:Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws. View original content to download multimedia:https://www.prnewswire.com/news-releases/huntsman-announces-third-quarter-2026-common-dividend-302839481.html
Investor releaseQuarter not tagged2026-07-29Linde to Report Q2 Earnings: Here's What Investors Should Know
Zacks
Linde to Report Q2 Earnings: Here's What Investors Should Know
Linde plc LIN is set to report second-quarter 2026 results on July 31, before the opening bell. Let us delve into the factors that are likely to have influenced the performance of this global industrial gas producer. However, before that, it would be worth reviewing LIN’s performance in the previous quarter. In the last reported quarter, Linde’s earnings of $4.33 per share beat the Zacks Consensus Estimate of $4.27, driven by stronger pricing and higher volumes from the Americas segment and increased APAC segment volumes. Linde’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 1.03%. This is depicted in the graph below: Linde PLC price-eps-surprise | Linde PLC Quote The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at $4.49, with two upward and no downward revisions over the past seven days. The bottom-line estimate implies an improvement of 9.8% from the figure reported in the prior-year quarter. The Zacks Consensus Estimate for second-quarter revenues is pegged at $8.96 billion, indicating a year-over-year improvement of 5.5%. Linde is a global leader in the production of industrial gases, such as oxygen, hydrogen, nitrogen and others, which are used across several end markets, including healthcare, manufacturing, chemicals & energy and food & beverage, in multiple geographies. The company is expected to have sustained a stable performance in the to-be-reported quarter, supported by its long-term, take-or-pay contracts with major on-site clients. Linde is expected to have benefited from its operations across several resilient end markets, such as healthcare and food & beverage. Moreover, LIN’s strong project backlog is also expected to have contributed positively to its earnings. However, challenges are likely to have persisted, particularly due to weaker industrial activity in Europe, which may have dampened growth across cyclical end markets like Chemicals & Energy and Manufacturing. Moreover, the Middle East conflict may have further weighed on manufacturing activity in the region, resulting in softer demand for Linde's products and affecting the EMEA segment results. These factors are anticipated to have affected demand and pricing dynamics, potentially hampering Linde’s quarterly performance. The Zacks Consensus Estimate for operating profit in the Ame…Read full documentShow less
Linde plc LIN is set to report second-quarter 2026 results on July 31, before the opening bell. Let us delve into the factors that are likely to have influenced the performance of this global industrial gas producer. However, before that, it would be worth reviewing LIN’s performance in the previous quarter. In the last reported quarter, Linde’s earnings of $4.33 per share beat the Zacks Consensus Estimate of $4.27, driven by stronger pricing and higher volumes from the Americas segment and increased APAC segment volumes. Linde’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 1.03%. This is depicted in the graph below: Linde PLC price-eps-surprise | Linde PLC Quote The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at $4.49, with two upward and no downward revisions over the past seven days. The bottom-line estimate implies an improvement of 9.8% from the figure reported in the prior-year quarter. The Zacks Consensus Estimate for second-quarter revenues is pegged at $8.96 billion, indicating a year-over-year improvement of 5.5%. Linde is a global leader in the production of industrial gases, such as oxygen, hydrogen, nitrogen and others, which are used across several end markets, including healthcare, manufacturing, chemicals & energy and food & beverage, in multiple geographies. The company is expected to have sustained a stable performance in the to-be-reported quarter, supported by its long-term, take-or-pay contracts with major on-site clients. Linde is expected to have benefited from its operations across several resilient end markets, such as healthcare and food & beverage. Moreover, LIN’s strong project backlog is also expected to have contributed positively to its earnings. However, challenges are likely to have persisted, particularly due to weaker industrial activity in Europe, which may have dampened growth across cyclical end markets like Chemicals & Energy and Manufacturing. Moreover, the Middle East conflict may have further weighed on manufacturing activity in the region, resulting in softer demand for Linde's products and affecting the EMEA segment results. These factors are anticipated to have affected demand and pricing dynamics, potentially hampering Linde’s quarterly performance. The Zacks Consensus Estimate for operating profit in the Americas segment is pegged at $1.3 billion, up from $1.21 billion reported in the second quarter of 2025. The Zacks Consensus Estimate for operating profit from the Engineering business unit is pinned at $94 million for the second quarter, up from $90 million recorded a year ago. Our proven model does not conclusively predict an earnings beat for Linde this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you will see below. Earnings ESP: Linde’s Earnings ESP is -0.10%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Zacks Rank: The company currently carries a Zacks Rank #3. Here are some other stocks that you may want to consider, as these, too, have the right combination of elements to post an earnings beat this reporting cycle. The Chemours Company CC is a major provider of performance chemicals that are used in end-products and processes across a host of industries. The company has an Earnings ESP of +27.17% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here. The Chemours Company is scheduled to release second-quarter 2026 earnings on Aug. 4. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, which suggests a 25.9% decline from the prior-year reported figure. Huntsman Corporation HUN manufactures diversified organic chemical products and markets them to a wide range of industrial and consumer customers. The company currently has an Earnings ESP of +4.31% and a Zacks Rank #3. Huntsman is scheduled to release second-quarter 2026 earnings on July 30. The Zacks Consensus Estimate for HUN’s earnings is pegged at 6 cents per share, indicating a 130% increase from the prior-year reported figure. Minerals Technologies Inc. MTX is involved in the production and marketing of a wide range of specialty mineral, mineral-based and synthetic mineral products. The company currently has an Earnings ESP of +5.52% and a Zacks Rank #2. Minerals Technologies is scheduled to release second-quarter 2026 earnings on July 30. The Zacks Consensus Estimate for MTX’s earnings is pegged at $1.64 per share, indicating a 5.8% increase from the prior-year reported figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Linde PLC (LIN) : Free Stock Analysis Report Huntsman Corporation (HUN) : Free Stock Analysis Report Minerals Technologies Inc. (MTX) : Free Stock Analysis Report The Chemours Company (CC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-28Chemours (CC) Expected to Beat Earnings Estimates: Should You Buy?
Zacks
Chemours (CC) Expected to Beat Earnings Estimates: Should You Buy?
The market expects Chemours (CC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This chemical company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -25.9%. Revenues are expected to be $1.67 billion, up 3.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 4.43% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for…Read full documentShow less
The market expects Chemours (CC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This chemical company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -25.9%. Revenues are expected to be $1.67 billion, up 3.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 4.43% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Chemours, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +27.17%. On the other hand, the stock currently carries a Zacks Rank of #1. So, this combination indicates that Chemours will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Chemours would post a loss of$0.05 per share when it actually produced earnings of $0.05, delivering a surprise of +200.00%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Chemours appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Chemical - Diversified industry, Huntsman (HUN), is soon expected to post earnings of $0.06 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +130%. Revenues for the quarter are expected to be $1.55 billion, up 6% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Huntsman has been revised 5.9% up to the current level. Nevertheless, the company now has an Earnings ESP of +4.31%, reflecting a higher Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Huntsman will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Chemours Company (CC) : Free Stock Analysis Report Huntsman Corporation (HUN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research