Kronos Worldwide Q1 EPS $0.07 Beats $0.04 Estimate, Sales $478.80M Beat $459.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kronos Worldwide (NYSE:KRO) reported Q1 earnings of $0.07 per share, surpassing the $0.04 estimate, marking a 153.85% increase from last year's losses. Sales reached $478.80M, beating the $459.83M estimate, a 12.32% year-over-year increase.
May 08, 2024 | 10:34 pm
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Kronos Worldwide reported a significant beat on both earnings and sales estimates for Q1, with earnings per share at $0.07 and sales at $478.80M.
The substantial beat on both earnings per share and sales estimates for Kronos Worldwide indicates a strong financial performance and operational efficiency, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100