Kronos Worldwide posts Q1 loss on lower TiO2 prices, output

Kronos Worldwide

06/05/2026 22:00

Overview

US titanium dioxide producer's Q1 revenue rose 4% yr/yr on higher sales volumes, currency gains

Company posted Q1 net loss vs prior-year profit, citing lower TiO2 prices and production volumes

Lower production costs and cost reduction initiatives partially offset profit decline

Outlook

Kronos Worldwide did not provide specific financial guidance for the current or future periods

Result Drivers

LOWER TiO2 PRICES AND PRODUCTION - Co said lower average TiO2 selling prices and reduced production volumes were main factors behind profit decline

COST REDUCTION INITIATIVES - Lower production costs from cost reduction measures partially offset profit decline

CURRENCY FLUCTUATIONS - Changes in currency exchange rates increased revenue but reduced segment profit

Company press release: ID:nGNE4F6mF4

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$509.80 mln
$505.10 mln (2 Analysts)
Q1 EPS
-$0.04
Q1 Net Income
-$4.80 mln
Q1 Operating Income
$12.60 mln
Q1 Pretax Profit
-$2 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy."

Wall Street's median 12-month price target for Kronos Worldwide Inc is $5.50, about 29.5% below its May 5 closing price of $7.80

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)