Kronos Worldwide (KRO) Expected to Post Quarterly Earnings on Wednesday

Kronos Worldwide (NYSE:KROGet Free Report) will likely be releasing its results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.0150 per share and revenue of $484.5120 million for the quarter.

Kronos Worldwide (NYSE:KROGet Free Report) last issued its earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.29. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%. The company had revenue of $509.80 million for the quarter, compared to analysts’ expectations of $524.00 million. On average, analysts expect Kronos Worldwide to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kronos Worldwide Stock Performance

NYSE KRO opened at $6.20 on Wednesday. The company has a 50-day simple moving average of $6.61 and a two-hundred day simple moving average of $6.30. The company has a quick ratio of 1.41, a current ratio of 3.18 and a debt-to-equity ratio of 0.81. Kronos Worldwide has a 12-month low of $4.08 and a 12-month high of $7.89. The firm has a market cap of $713.31 million, a price-to-earnings ratio of -5.34 and a beta of 1.00.

Kronos Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, June 4th. Kronos Worldwide’s payout ratio is -17.24%.

Wall Street Analysts Forecast Growth

KRO has been the subject of several analyst reports. Zacks Research upgraded Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Weiss Ratings raised Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. Finally, Wall Street Zen upgraded Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.00.

View Our Latest Stock Report on Kronos Worldwide

Hedge Funds Weigh In On Kronos Worldwide

Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC raised its stake in shares of Kronos Worldwide by 478.7% during the first quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after acquiring an additional 104,202 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Kronos Worldwide by 11.1% in the first quarter. Goldman Sachs Group Inc. now owns 220,663 shares of the specialty chemicals company’s stock worth $1,651,000 after purchasing an additional 22,046 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Kronos Worldwide by 20.3% in the first quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock worth $182,000 after purchasing an additional 4,104 shares during the last quarter. Geode Capital Management LLC increased its holdings in Kronos Worldwide by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 527,839 shares of the specialty chemicals company’s stock valued at $3,273,000 after purchasing an additional 12,260 shares during the period. Finally, Creative Planning increased its holdings in Kronos Worldwide by 13.1% during the 2nd quarter. Creative Planning now owns 42,064 shares of the specialty chemicals company’s stock valued at $261,000 after purchasing an additional 4,857 shares during the period. Hedge funds and other institutional investors own 15.11% of the company’s stock.

Kronos Worldwide Company Profile

(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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