Tronox Ltd (NASDAQ:TROX) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 8th. Analysts expect Tronox to post earnings of ($0.07) per share for the quarter.

Tronox (NASDAQ:TROX) last posted its earnings results on Tuesday, August 8th. The company reported $0.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.16. The firm had revenue of $622.00 million for the quarter, compared to analyst estimates of $601.55 million. During the same period in the prior year, the business posted ($0.43) EPS. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year.

Shares of Tronox Ltd (NASDAQ:TROX) opened at $25.84 on Tuesday.

In related news, SVP Niekerk Willem Hendrik Van sold 12,229 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $20.70, for a total value of $253,140.30. Following the transaction, the senior vice president now owns 175,528 shares in the company, valued at $3,633,429.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Timothy C. Carlson purchased 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The stock was bought at an average price of $18.84 per share, for a total transaction of $471,000.00. Following the transaction, the director now directly owns 61,585 shares of the company’s stock, valued at approximately $1,160,261.40. The disclosure for this purchase can be found here.

TROX has been the subject of a number of research reports. BidaskClub raised Tronox from a “buy” rating to a “strong-buy” rating in a report on Friday, October 6th. UBS AG lifted their target price on Tronox from $16.00 to $17.00 and gave the stock a “sell” rating in a report on Friday, October 13th. Alembic Global Advisors reissued a “buy” rating on shares of Tronox in a report on Monday, October 23rd. J P Morgan Chase & Co initiated coverage on Tronox in a report on Tuesday, October 24th. They set an “overweight” rating for the company. Finally, Vertical Research initiated coverage on Tronox in a report on Monday, October 23rd. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $17.00.

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About Tronox

Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, TiO2 and Alkali. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.

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