Kronos Worldwide Q2 EPS $(0.07) Misses $0.03 Estimate, Sales $443.20M Miss $480.27M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kronos Worldwide (NYSE:KRO) reported Q2 losses of $(0.07) per share, missing the analyst consensus estimate of $0.03 by 333.33%. The company's quarterly sales were $443.20 million, missing the analyst consensus estimate of $480.27 million by 7.72%. This represents a 117.5% decrease in earnings and a 21.60% decrease in sales compared to the same period last year.
August 04, 2023 | 12:25 pm
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Kronos Worldwide's Q2 earnings and sales missed estimates, indicating a significant decrease in performance compared to the same period last year.
Kronos Worldwide's Q2 earnings and sales missed analyst estimates by a significant margin, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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