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Kronos Worldwide Inc reports results for the quarter ended in December - Earnings Summary
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Kronos Worldwide Inc reports results for the quarter ended in December - Earnings Summary
  • Kronos Worldwide Inc KRO.N reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of three analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -24 cents to -7 cents per share.

  • Revenue rose 16.9% to $400.10 million from a year ago; analysts expected $379.06 million.

  • The company reported a quarterly loss of $5.3 million.

  • Kronos Worldwide Inc shares had fallen by 12.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 19.8% in the last three months.​

  • In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," "hold" and 2 "sell" or "strong sell."

  • The average consensus recommendation for the commodity chemicals peer group is also "hold"

Wall Street's median 12-month price target for Kronos Worldwide Inc is $8.00

This summary was machine generated from LSEG data March 6 at 11:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2023

-0.14

-0.05

Beat

Sep. 30 2023

-0.06

-0.18

Missed

Jun. 30 2023

0.03

-0.07

Missed

Mar. 31 2023

-0.09

-0.13

Missed

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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