Kronos Worldwide Inc reports results for the quarter ended June 30 - Earnings Summary

• Kronos Worldwide Inc KRO.N reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of two analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 13 cents to 14 cents per share.

• Revenue fell 1.2% to $494.40 million from a year ago; analysts expected $504.73 million.

• Kronos Worldwide Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $9.2 million.

• Kronos Worldwide Inc shares had fallen by 11.3% this quarter and lost 43.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 42.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is "buy."

• Wall Street's median 12-month price target for Kronos Worldwide Inc is $8.00, about 32.3% above its last closing price of $5.42

This summary was machine generated from LSEG data August 7 at 01:47 a.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)