Kronos Worldwide Q4 EPS $(0.05) Beats $(0.14) Estimate, Sales $400.10M Beat $379.06M Estimate
Portfolio Pulse from Happy Mohamed
Kronos Worldwide (NYSE:KRO) reported Q4 earnings, with a per-share loss of $(0.05), surpassing the $(0.14) estimate, and sales of $400.10M, exceeding the $379.06M estimate. This represents a significant improvement over the previous year's results.
March 06, 2024 | 9:32 pm
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Kronos Worldwide reported a smaller-than-expected Q4 loss and higher sales, indicating a strong performance and improvement over the previous year.
Kronos Worldwide's Q4 earnings report exceeded analyst expectations in both EPS and sales, showing a significant improvement over the previous year's performance. This positive surprise is likely to instill investor confidence and could lead to a short-term uptick in KRO's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100