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VHI — Valhi News Story

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Valhi reports Q3 net loss of $22.2 mln

Overview

Valhi reports Q3 net loss of $22.2 mln, compared to net income last year

Chemicals Segment Q3 sales down 6% due to lower TiO2 prices and volumes

Component Products Segment Q3 sales rise driven by security and marine components

Outlook

Company did not provide specific guidance for future quarters

Result Drivers

CHEMICALS SEGMENT DECLINE - Lower TiO2 selling prices and volumes in European and export markets drove a 6% decrease in net sales

REAL ESTATE SALES DECLINE - Reduced development activity led to lower net sales in the Real Estate Management and Development Segment

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Sales$503.50 mln
Q3 Net Income-$22.2 mln
Q3 Operating Income$8.60 mln
Q3 Pretax Profit-$7.60 mln
Analyst Coverage The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago Press Release: ID:nGNX2nVyZd For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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