Huntsman Corp. (HUN) reported a first-quarter net loss to company of $24 million or $0.10 per share, compared to profit of $163 million or $0.68 per share last year. Revenues decreased to $2.70 billion from $2.91 billion last year. Adjusted profit per share decreased to $0.19 from $0.77 prior year.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.16 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $2.71 billion for the quarter.
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