Kronos Worldwide Q2 revenue rises on higher sales volumes

Kronos Worldwide

05/08/2026 21:59

Overview
US titanium dioxide producer's Q2 revenue rose 13% yr/yr on higher sales volumes
Company posted Q2 net income of $15.2 mln, reversing a loss in prior-year period
Cost cuts and lower raw material costs drove profit, offset by lower average selling prices

Outlook
Kronos expects ongoing pricing actions and cost management to offset elevated energy costs
Company sees positive momentum entering second half 2026 from operational and cost initiatives
Kronos remains focused on sustainable earnings improvement amid challenging macroeconomic conditions

Result Drivers
HIGHER SALES VOLUMES - Co said increased sales volumes contributed to higher net sales and segment profit
COST REDUCTION INITIATIVES - Lower production costs from cost reduction measures implemented in Q4 2025 supported profit growth
LOWER SELLING PRICES - Lower average TiO2 selling prices partially offset gains from higher volumes and cost reductions

Company press release: ID:nGNE6WCSlK

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$558.10 mln
$502.26 mln (2 Analysts)
Q2 EPS
 
$0.13
 
Q2 Net Income
 
$15.20 mln
 
Q2 Operating Income
 
$37.60 mln
 
Q2 Pretax Profit
 
$22.90 mln
 

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 $6.50, about 4.2% above its August 4 closing price of $6.24

Reuters Recommended Reads
Aug 4 - Chemours Q2 sales flat as lower volumes weigh on results
Aug 4 - Germany's Evonik Q2 revenue up 11% on higher volumes and prices
Aug 4 - Celanese Q2 adjusted EPS beats estimates, sales meet expectations

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.)