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Stock impact report

Kronos Worldwide (KRO) Earnings & Sales Miss Estimates in Q2 [Yahoo! Finance]

Kronos Worldwide Inc (KRO) 
Last kronos worldwide inc earnings: 3/11 04:15 pm Check Earnings Report
US:NYSE Investor Relations: kronostio2.com/investor-relations
Company Research Source: Yahoo! Finance
However, the figure missed the Zacks Consensus Estimate of 21 cents. Net sales increased around 12.9% year over year to $500.5 million due to higher sales volumes as a result of stronger demand for titanium dioxide (TiO2) in all of KRO's major markets, which was somewhat offset by lower average TiO2 selling prices. The top line, however, missed the Zacks Consensus Estimate of $504.2 million. Kronos Worldwide Inc Price, Consensus and EPS Surprise Kronos Worldwide Inc price-consensus-eps-surprise-chart | Kronos Worldwide Inc Quote Volumes and Pricing TiO2 production volumes (thousand metric tons) were up 53.9% year over year to 137 in the second quarter. TiO2 sales volumes (thousand metric tons) rose 28.8% to 134 in the quarter. TiO2 segment profit was $41.1 million in the reported quarter against a segment loss of $2.3 million a year ago. The upside is driven primarily by improved operating income as a result of increased sales and production volumes and lower production co Show less Read more
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