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

Kronos Worldwide

02/11/2023 22:33

* Kronos Worldwide Inc  KRO.N  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in September,
lower 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 6 cents per share. Wall Street
expected results to range from -8 cents to -3 cents per share.
    * Revenue fell 13.6% to $396.90 million from a year ago;
analysts
expected $394.13 million. 
    * Kronos Worldwide Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The company reported a quarterly loss of $20.4 million.
    * Kronos Worldwide Inc shares had fallen by 11.2% this
quarter and
lost 26.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 135.2% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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." 
    * Wall Street's median 12-month price target for Kronos
Worldwide
Inc is $8.00 

This summary was machine generated from LSEG data November 2 at
10:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.06          -0.18          Missed
 Jun. 30 2023      0.03           -0.07          Missed
 Mar. 31 2023      -0.09          -0.13          Missed
 Dec. 31 2022      -0.07          -0.18          Missed