Kronos Worldwide Q2 2024 Adj EPS $0.17 Beats $0.15 Estimate, Sales $500.50M Miss $543.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kronos Worldwide (NYSE:KRO) reported Q2 2024 adjusted EPS of $0.17, beating the estimate of $0.15. However, sales of $500.50M missed the $543.12M estimate. Sales increased by 12.93% year-over-year.
August 07, 2024 | 8:40 pm
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Kronos Worldwide reported Q2 2024 EPS of $0.17, beating estimates by 13.33%, but sales of $500.50M missed estimates by 7.85%. Sales increased 12.93% YoY.
While the EPS beat is positive, the sales miss could offset the optimism. The YoY sales increase is a positive sign, but the market may react neutrally in the short term due to mixed results.
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RELEVANCE 100