Kronos Worldwide Inc reports results for the quarter ended in December - Earnings Summary

Kronos Worldwide

06/03/2024 23:54

* Kronos Worldwide Inc  KRO.N  reported a quarterly adjusted
loss
of 5 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of -18 cents.  The mean expectation of three analysts for the
quarter was for a loss of 14 cents per share. Wall Street
expected results to range from -24 cents to -7 cents per share.
    * Revenue rose 16.9% to $400.10 million from a year ago;
analysts
expected $379.06 million. 
    * The company reported a quarterly loss of $5.3 million.
    * Kronos Worldwide Inc shares had fallen by 12.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 19.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the commodity
chemicals
peer group is also "hold"

Wall Street's median 12-month price target for Kronos Worldwide
Inc is $8.00 
This summary was machine generated from LSEG data March 6 at
11:53 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.14          -0.05          Beat
 Sep. 30 2023      -0.06          -0.18          Missed
 Jun. 30 2023      0.03           -0.07          Missed
 Mar. 31 2023      -0.09          -0.13          Missed