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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -19.05%. A quarter ago, it was expected that this maker of titanium dioxide pigments would post earnings of $0.04 per share when it actually produced earnings of $0.07, delivering a surprise of 75%. Over the last four ...

KRONOS WORLDWIDE, INC. REPORTS SECOND QUARTER 2024 RESULTS DALLAS, TEXAS…August 7, 2024…Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $19.5 million, or $.17 per share, in the second quarter of 2024 compared to a net loss of $8.2 million, or $.07 per share, in the second quarter of 2023. For the first six months of 2024, Kronos Worldwide reported net income of $27.6 million, or $.24 per share, compared to a net loss of $23.4 million, or $.20 per share, in the first six months of 2023. Net in ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock KRO NYSE Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ...

Kronos Worldwide (KRO) has been beaten down lately with too much selling pressure. While the stock has lost 19.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscilla ...

The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $504.19 million, up 13.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.88% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 23rd: Kronos Worldwide, Inc. (KRO) : This company that produces and markets titanium dioxide pigments internationally has witnessed the Zacks Consensus Estimate for its current year earnings increasing 190.9% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 6.8%, compared with the industry average of 1.9%. Telefonica, S.A. (TEF) : This telecommunications services company has w ...

The Notes will be fully and unconditionally guaranteed, jointly and severally, on a senior basis by the Company and each of its direct and indirect domestic, wholly-owned subsidiaries (other than the Issuer, the "Guarantors"), subject to certain exceptions and secured by first-priority security interests in certain assets of the Company and the Guarantors. The Notes and related guarantees subject to the private placement have not been and will not be registered under the Securities Act, or any state securit ...

KRO had operated LPC as a joint venture with Venator Materials or its predecessors since 1993. Located near Lake Charles, LA, LPC has an estimated annual production capacity of 156,000 metric tons. The acquisition was financed through cash on hand and borrowings under Kronos' global revolving credit facility. It will report LPC as a wholly-owned subsidiary starting with its third-quarter Form 10-Q filing. The company may also explore additional financing opportunities, subject to market conditions. Zacks Ra ...

Dallas, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) made the following announcements today: Acquisition of Remaining Joint Venture Interest in LPC Effective July 16, 2024, Kronos Worldwide, Inc. ("Kronos") has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC") previously held by Venator Investments, Ltd. Prior to the acquisition, Kronos, through a wholly-owned subsidiary, held a 50% joint venture interest in LPC. Following the acquisition, LPC i ...

We are positive about the company's prospects and believe that the time is right for you to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead. KRO has outperformed the industry it belongs to over the past year. The company's shares have rallied 33.4% compared with a 13.5% decline of the industry. The Zacks Consensus Estimate for earnings for 2024 for Kronos Worldwide is currently pegged at 85 cents, reflecting an expected year-over-year growth of 297.7%. Moreove ...