Kronos Worldwide (KRO) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of $0.13. This compares to earnings of $0.17 per share a year ago.
Kronos Worldwide (KRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kronos is a HOLD: TiO2 demand should rise, but KRO lacks operating leverage and control over key feedstocks to benefit from upside. KRO faces significant competition from Chinese producers, especially in the US, with limited tariff protection and high industry excess capacity globally. High debt levels and rising refinancing costs are a risk, reducing long-term free cash flow and owner earnings despite manageable near-term maturities.
Kronos' dividend cut and persistent negative free cash flow highlight ongoing financial strain, with no clear catalysts for improvement on the horizon. Dividend yield is now just 2.99%, lagging behind safer alternatives like US Treasuries, with long-term dividend growth rates remaining negative, eroding investor confidence. KRO's rising debt and declining earnings estimates increase risk, as high interest expenses further constrain both dividend and reinvestment potential.
Average TiO2 selling prices of KRO rise 2% year over year in the first quarter.
Kronos Worldwide (KRO) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.07 per share a year ago.
KRO gains on higher sales volumes and increased average TiO2 selling prices in the fourth quarter.
Higher sales volumes as a result of stronger demand for TiO2 in all major markets drive of KRO's top line in Q3.
Kronos Worldwide (KRO) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.18 per share a year ago.
KRO gains on higher demand for TiO2, increased selling prices and its actions to reduce costs.
Kronos Worldwide (KRO) reported earnings 30 days ago. What's next for the stock?
Here is how Kronos Worldwide (KRO) and Lundin Mining (LUNMF) have performed compared to their sector so far this year.