Tronox Holdings Sees Q1 2024 Adj. EBITDA $100M-$120M; TiO2 Volumes Up 12%-16% And Zircon Volume Up 15%-30%
Portfolio Pulse from Benzinga Newsdesk
Tronox Holdings projects its Q1 2024 adjusted EBITDA to be between $100M-$120M, with TiO2 volumes increasing by 12%-16% and Zircon volume rising by 15%-30%.
February 15, 2024 | 9:51 pm
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Tronox Holdings anticipates a significant increase in Q1 2024 adjusted EBITDA and a notable rise in TiO2 and Zircon volumes.
The projected increase in adjusted EBITDA and volume growth for both TiO2 and Zircon indicates a positive outlook for Tronox Holdings. This is likely to be viewed favorably by investors, potentially leading to a short-term uptick in TROX's stock price. The confidence level is high due to the specificity of the projections provided by the company.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100