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Huntsman Corp. Q1 adjusted earnings Beat Estimates

(RTTNews) - Huntsman Corp. (HUN) released earnings for first quarter that fell from last year.

The company's earnings totaled $119 million, or $0.51 per share. This compares with $274 million, or $1.11 per share, in last year's first quarter.

Excluding items, Huntsman Corp. reported adjusted earnings of $108 million or $0.46 per share for the period.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.7% to $2.03 billion from $2.30 billion last year.

Huntsman Corp. earnings at a glance:

-Earnings (Q1): $108 Mln. vs. $237 Mln. last year.
-EPS (Q1): $0.46 vs. $0.96 last year.
-Analysts Estimate: $0.40
-Revenue (Q1): $2.03 Bln vs. $2.30 Bln last year.
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