Tronox Holdings Q2 2024 Adj. EPS $0.07 Misses $0.18 Estimate, Sales $820.000M Miss $847.933M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tronox Holdings (NYSE:TROX) reported Q2 2024 earnings of $0.07 per share, missing the analyst estimate of $0.18 by 61.11%. Sales were $820 million, below the $847.933 million estimate but up 3.27% from last year.
August 01, 2024 | 9:00 pm
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Tronox Holdings reported Q2 2024 earnings of $0.07 per share, missing the analyst estimate of $0.18 by 61.11%. Sales were $820 million, below the $847.933 million estimate but up 3.27% from last year.
The significant miss on both EPS and sales estimates is likely to negatively impact TROX's stock price in the short term. The earnings per share were 61.11% below expectations, and sales missed by 3.29%, despite a year-over-year increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100