Tronox Holdings Q4 2023 Adj EPS $(0.38) Misses undefined Estimate, Sales $686.00M Beat $668.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tronox Holdings (NYSE:TROX) reported Q4 2023 adjusted EPS of $(0.38), missing the analyst consensus estimate. However, their quarterly sales of $686.00M exceeded the estimate of $668.95M, marking a 5.70% increase from the previous year.
February 15, 2024 | 9:19 pm
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Tronox Holdings reported a Q4 2023 adjusted EPS of $(0.38), missing estimates, but sales of $686.00M beat the $668.95M estimate, a 5.70% YOY increase.
The mixed results from Tronox Holdings, with a miss on EPS but a beat on sales, could lead to neutral short-term stock price movement. The sales growth might offset concerns about the earnings miss, suggesting a balanced outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100