Kronos Worldwide (NYSE:KRO) Releases Quarterly Earnings Results, Misses Estimates By $0.46 EPS

Kronos Worldwide (NYSE:KROGet Free Report) issued its quarterly earnings results on Monday. The specialty chemicals company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.46), FiscalAI reports. The firm had revenue of $418.30 million during the quarter, compared to analyst estimates of $373.26 million. Kronos Worldwide had a negative return on equity of 3.09% and a negative net margin of 2.22%.

Kronos Worldwide Trading Up 2.5%

KRO traded up $0.13 during trading on Monday, hitting $5.42. The company’s stock had a trading volume of 449,602 shares, compared to its average volume of 309,598. The stock has a market cap of $623.70 million, a PE ratio of -15.06 and a beta of 1.12. The firm’s 50 day moving average price is $5.58 and its 200-day moving average price is $5.38. Kronos Worldwide has a twelve month low of $4.08 and a twelve month high of $8.04. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.83 and a quick ratio of 1.47.

Kronos Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, March 10th. Kronos Worldwide’s dividend payout ratio (DPR) is currently -55.56%.

Institutional Trading of Kronos Worldwide

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in Kronos Worldwide during the 2nd quarter worth $42,000. Jain Global LLC acquired a new position in shares of Kronos Worldwide in the 4th quarter valued at approximately $46,000. The Manufacturers Life Insurance Company acquired a new stake in Kronos Worldwide in the second quarter valued at $70,000. Susquehanna Portfolio Strategies LLC acquired a new stake in shares of Kronos Worldwide in the 4th quarter valued at about $53,000. Finally, CANADA LIFE ASSURANCE Co bought a new position in Kronos Worldwide during the 4th quarter worth approximately $58,000. Hedge funds and other institutional investors own 15.11% of the company’s stock.

Wall Street Analyst Weigh In

KRO has been the topic of several analyst reports. Zacks Research raised shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. The Goldman Sachs Group dropped their price objective on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a report on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Strong Sell” and an average target price of $6.00.

Check Out Our Latest Stock Analysis on Kronos Worldwide

About Kronos Worldwide

(Get Free Report)

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.

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Earnings History for Kronos Worldwide (NYSE:KRO)

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