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.
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.
KRO, TEF, STX, WGS and THC have been added to the Zacks Rank #1 (Strong Buy) List on July 23, 2024.
KRO, TEF and STX made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 23, 2024.
Kronos Worldwide (KRO) strengthens its North American presence by acquiring full ownership of Louisiana Pigment Company, L.P.
Kronos Worldwide (KRO) benefits from higher demand for TiO2, improved selling prices and its actions to reduce costs.
Investors need to pay close attention to Kronos Worldwide (KRO) stock based on the movements in the options market lately.