Overview
NL Industries reports Q3 net loss of $7.8 mln, down from $36 mln profit in 2024
CompX Q3 sales rise to $40 mln, driven by security and marine components
Kronos Q3 sales fall 6% due to lower TiO2 prices and volumes
Outlook
Company did not provide specific guidance for future quarters or full year in its press release
Result Drivers
COMPX SALES GROWTH - Higher sales in security products and marine components drove CompX's Q3 performance
KRONOS SALES DECLINE - Kronos' Q3 sales fell due to lower TiO2 prices and volumes, especially in Europe and export markets
UNREALIZED LOSSES - NL's Q3 results include unrealized losses in marketable securities, impacting net income
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$40 mln
Q3 Net Income
-$7.80 mln
Q3 Gross Margin
11.00%
Q3 Operating Income
$1.80 mln
Q3 Pretax Profit
-$8.20 mln
Analyst Coverage
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release: ID:nGNX8rfs0J
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(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.)