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0 0 -0.00427350427350437 -0.00320512820512833 -0.00213675213675209 0.00427350427350418 0.0024786324786324 0.00213675213675209
Stock impact report

Kronos Worldwide Earnings Miss Estimates in Q3 on Lower Volumes [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
This compares unfavorably to profits of $71.8 million, or 62 cents per share in the year-ago quarter. Barring one-time items, adjusted loss came in at 18 cents per share, which was wider than the Zacks Consensus Estimate of a loss of 6 cents. Net sales decreased around 6% year over year to $456.9 million. The decline was mainly due to lower average titanium dioxide (TiO2) selling prices and reduced sales volumes in the company's European and export markets, partly offset by higher sales volumes in the North American market. The top line missed the Zacks Consensus Estimate of $478.5 million. KRO saw softer customer demand in the reported quarter, continuing the weakness that started earlier this year. High interest rates and economic uncertainties due to trade tensions and tariffs continued to contribute to cautious customer spending. Kronos Worldwide Inc Price, Consensus and EPS Surprise Kronos Worldwide Inc Price, Consensus and EPS Surprise Kronos Worldwide Inc price-cons Show less Read more
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