Huntsman Corporation (HUN) reported its second-quarter profits, showing an increase compared to the same period last year, consistent with Wall Street forecasts.
The company's net earnings for the quarter amounted to $22 million, or $0.13 per share, compared to $19 million, or $0.11 per share, in the second quarter of the previous year.
Excluding special items, Huntsman Corp. recorded adjusted earnings of $24 million, or $0.14 per share, for the period.
Analysts, on average, had projected earnings of $0.14 per share, according to data from Thomson Reuters, which typically excludes special items in their forecasts.
The company's quarterly revenue experienced a decrease of 1.4%, dropping to $1.574 billion from $1.596 billion the previous year.
### Huntsman Corp. Earnings Snapshot (GAAP):
- **Net Earnings (Q2):** $22 million vs. $19 million last year.
- **Earnings Per Share (EPS, Q2):** $0.13 vs. $0.11 last year.
- **Revenue (Q2):** $1.574 billion vs. $1.596 billion last year.
