Huntsman beats estimates on higher polyurethane prices
Feb 12 (Reuters) - Chemical maker Huntsman Corp's quarterly results beat Wall Street estimates as it managed to raise prices on polyurethane, used in foam insulation.
The company, however, reported a net loss of $40 million, or 17 cents per share, due to restructuring costs and early extinguishment of debt.
Huntsman posted a profit of $105 million, or 44 cents per share, a year earlier.
Excluding one-time items, Huntsman earned 24 cents per share.
Net sales fell less than a percent to $2.62 billion.
Analysts had estimated a profit of 23 cents per share on revenue of $2.49 billion, according to Thomson Reuters I/B/E/S.
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