Kronos Worldwide Inc expected to post a loss of 14 cents a share - Earnings Preview

Kronos Worldwide

04/03/2024 11:02

* Kronos Worldwide Inc  KRO.N   KRO  is expected to show a
rise in
quarterly revenue when it reports  results on March 6
(estimated) for the period ending December 31 2023
    * The Dallas Texas-based  company is expected to report a
10.7% increase in revenue to $379.062 million from $342.4
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Kronos Worldwide Inc is
for a
loss of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kronos
Worldwide
Inc is $8.00​, below​ its last closing price of $9.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.07       -0.06      -0.18     Missed  -184.2
 Jun. 30 2023  0.05        0.03       -0.07     Missed  -362.5
 Mar. 31 2023  -0.09       -0.09      -0.13     Missed  -44.4​
 Dec. 31 2022  -0.06       -0.07      -0.18     Missed  -157.1
 ​​Sep.        0.12        0.11       0.18      Beat    63.6
 30 2022                                                
 Jun. 30 2022  0.48        0.48       0.40      Missed  -16.7​
 Mar. 31 2022  0.27        0.27       0.50      Beat    85.2
 Dec. 31 2021  0.25        0.26       0.28      Beat    9.8
 This summary was machine generated March 4 at 11:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)