Huntsman Corp. Q4 Earnings Climb 53%

(RTTNews) - Huntsman Corp. (HUN) released a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $124 million, or $0.51 per share. This was up from $81 million, or $0.33 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 21.0% to $2.33 billion. This was down from $2.95 billion last year.

Huntsman Corp. earnings at a glance:

-Earnings (Q4): $124 Mln. vs. $81 Mln. last year. -Earnings Growth (Y-o-Y): 53.1% -EPS (Q4): $0.51 vs. $0.33 last year. -EPS Growth (Y-o-Y): 54.5% -Analysts Estimate: $0.22 -Revenue (Q4): $2.33 Bln vs. $2.95 Bln last year. -Revenue Change (Y-o-Y): -21.0%