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Actionable news in HUN: HUNTSMAN CORPORATION,

Huntsman (HUN) Stock Spikes, Q1 Earnings Top Estimates

NEW YORK (TheStreet) -- Shares of Huntsman (HUN - Get Report) are increasing by 4.94% to $16.16 on Thursday morning, following the release of stronger-than-expected earnings for the 2016 first quarter.

Before the market open, the Salt Lake City-based chemical company delivered adjusted earnings of 37 cents per share, beating analysts' estimates of 27 cents per share.

Revenue came in at $2.36 billion for the quarter, slightly below analysts' expectations of $2.38 billion.

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