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Stock impact report

Here's Why Kronos Worldwide Stock Slumped Today [The Motley Fool]

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: The Motley Fool
The company reported first-quarter 2018 operating results. Maxx Chatsko ( TMFBlacknGold ) May 9, 2018 at 1:36PM What happened Shares of  Kronos Worldwide ( NYSE:KRO ) plunged on Wednesday after the company announced first-quarter 2018 results. The titanium dioxide manufacturer reported strong growth compared to the year-ago period thanks to the continued surge in selling prices. Revenue was up 16% and net income nearly doubled relative to the first quarter of 2017. How can Wall Street be displeased with that?  Well, planned maintenance and the implementation of a new global enterprise resource planning system led to a 13% decrease in total sales volumes. Believe it or not, investors are upset because the first quarter of 2018 could have been even better if not for those impediments. As of 1:01 p.m. EDT, the stock was down 11%. Image source: Show less Read more
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