Nov. 14 at 1:20 PM
$KRO sees red in Q3 — what's weighing on the stock? 📉
Kronos Worldwide reported a wider-than-expected adjusted loss of 18 cents per share against the Zacks Consensus Estimate of a 6-cent loss. Lower TiO2 prices and volumes dented net sales, dropping around 6% YoY to
$456.9M, missing estimates. High rates and trade tensions continue to suppress demand.
Full breakdown here 👉 https://www.zacks.com/stock/news/2791034/kronos-worldwide-earnings-miss-estimates-in-q3-on-lower-volumes?cid=sm-stocktwits-2-2791034-body-21071&ADID=SYND_STOCKTWITS_TWEET_2_2791034_BODY_21071