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

Kronos Worldwide

04/05/2023 06:16

* Kronos Worldwide Inc  KRO.N  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 24.3% to $426.30 million from a year ago;
analysts
expected $383.37 million. 
    * Kronos Worldwide Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 550%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Kronos Worldwide Inc shares had fallen by 0.1% this
quarter and
lost 2.1% so far this year.
    * The company reported a quarterly loss of $15.2 million.
    * Wall Street's median 12-month price target for Kronos
Worldwide
Inc is $9.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 05:16 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.09          -0.13          Missed
 Dec. 31 2022      -0.07          -0.18          Missed
 Sep. 30 2022      0.11           0.18           Beat
 Jun. 30 2022      0.48           0.40           Missed