Feb 12 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
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.