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Kronos Worldwide (KRO) Earnings & Sales Top Estimates in Q1
KROKronos(KRO) Zacks Investment Research·2024-05-09 13:46

Kronos Worldwide, Inc. (KRO) recorded earnings of 7 cents per share in first-quarter 2024. This compares to a loss of 13 cents in the year-ago quarter. The figure topped the Zacks Consensus Estimate of 4 cents.Net sales rose around 12% year over year to 478.8milliononhighersalesvolumesdrivenbystrongerdemandfortitaniumdioxide(TiO2)inmajormarkets,whichmorethanoffsetloweraverageTiO2sellingprices.ThetoplinebeattheZacksConsensusEstimateof478.8 million on higher sales volumes driven by stronger demand for titanium dioxide (TiO2) in major markets, which more than offset lower average TiO2 selling prices. The top line beat the Zacks Consensus Estimate of 454.6 million.  Volumes and PricingTiO ...