Reported results
- Third quarter 2026 reported net income was $14.4 million, or $0.13 per diluted share, compared to $42.8 million, or $0.37 per diluted share in the third quarter of 2025.
- Sales in the third quarter 2026 were $1,747.7 million, compared to $1,713.2 million in the third quarter 2025.
- Third quarter 2026 adjusted EBITDA was $191.4 million, compared to $222.4 million in the third quarter 2025.
- Chlor Alkali Products and Vinyls segment sales were $850.8 million and segment earnings were $71.3 million for the third quarter 2026.
- Epoxy segment sales were $412.2 million and segment earnings were $0.6 million for the third quarter 2026.
- Winchester segment sales were $484.7 million and segment earnings were $33.8 million for the third quarter 2026.
Guidance
- Fourth quarter 2026 adjusted EBITDA is expected to be in the range of $80 million to $100 million.
- Merger with Huntsman is expected to close in the first quarter of 2027.
Price and volatility reaction
The stock moved +9.7% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -4.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 16.05 | 2026-10-29 |
| Close after release | 17.6 | 2026-10-30 |
| Realised move | +9.7% | close to close |
| 30d ATM IV change | -4.4 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
