Huntsman Corp. Q3 Profit Drops 21%

(RTTNews) - Huntsman Corp. (HUN) released earnings for third quarter that decreased compared to the same period last year.

The company said its profit fell to $91 million, or $0.38 per share. This was down from $115 million, or $0.47 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.6% to $2.36 billion. This was down from $2.64 billion last year.

Huntsman Corp. earnings at a glance:

-Earnings (Q3): $91 Mln. vs. $115 Mln. last year. -Earnings Decline (Y-o-Y): -20.9% -EPS (Q3): $0.38 vs. $0.47 last year. -EPS Decline (Y-o-Y): -19.1% -Analysts Estimate: $0.36 -Revenue (Q3): $2.36 Bln vs. $2.64 Bln last year. -Revenue Change (Y-o-Y): -10.6%