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.
KRO gains on healthy demand for TiO2 in major markets, actions to increase selling prices and internal cost initiatives.
Kronos Worldwide (KRO) benefits from higher demand for TiO2, increased selling prices and its actions to reduce costs.
Here is how Kronos Worldwide (KRO) and Royal Gold (RGLD) have performed compared to their sector so far this year.
The upside in sales of Kronos (KRO) in Q2 is due to higher sales volumes as a result of stronger demand for TiO2 in all of its major markets.
Kronos Worldwide (KRO) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to loss of $0.07 per share a year ago.
The heavy selling pressure might have exhausted for Kronos Worldwide (KRO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.