KRONOS WORLDWIDE INC (KRO)

KRO Stock Earnings: Kronos Worldwide Beats EPS, Beats Revenue for Q4 2023

KRO stock results show that Kronos Worldwide beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2023.

KRO Stock Earnings: Kronos Worldwide Beats EPS, Beats Revenue for Q4 2023

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Kronos Worldwide (NYSE:KRO) just reported results for the fourth quarter of 202...

KRONOS WORLDWIDE, INC. REPORTS FOURTH QUARTER 2023 RESULTS

KRONOS WORLDWIDE, INC. REPORTS FOURTH QUARTER 2023 RESULTS

Dallas, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $5.3 million, or $.05 per share, in the fourth quarter of 2023 compared to a net loss of $19.9 million, or $.18 per share, in the fourth quarter of 2022. For the full year of 2023, Kronos Worldwide reported a net loss of $49.1 million, or $.43 per share, compared to net income of $104.5 million, or $.90 per share for the full year of 2022. Net income increased in the fourth quarter of 2023 as compared to the fourth quarter of 2022 primarily due to higher income from operations as a result of the net effect of higher sales volumes, lower average TiO2 selling prices and lower production costs (primarily raw material costs). Net income decreased in the full year of 2023 as compared to the full year 2022 primarily due to lower income from operations as a result of lower sales volumes, lower average TiO2 selling prices and reduced production volumes. Beginning in the fourth quarter of 2022 and continuing through 2023, we implemented production curtailments in response to a sharp decline in demand for TiO2 products occurring in all major markets. In addition, throughout 2023 we implemented cost reduction initiatives and other strategies designed to improve our long-term cost structure and preserve liquidity. Through these actions we successfully reduced our finished goods inventory levels and maintained significant liquidity, although our results of operations were negatively impacted by certain cost reduction initiatives and the significant unabsorbed fixed production costs incurred due to the curtailments, as discussed further below. Comparability of our results was also impacted by the effects of changes in currency exchange rates.

KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND

KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND

DALLAS, TEXAS, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular...

Relative Strength Alert For Kronos Worldwide

KRONOS WORLDWIDE ANNOUNCES EARLY RESULTS OF ITS EXCHANGE OFFER AND CONSENT SOLICITATION

KRONOS WORLDWIDE ANNOUNCES EARLY RESULTS OF ITS EXCHANGE OFFER AND CONSENT SOLICITATION

DALLAS, TEXAS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) (the “Company”) today announced the early tender results in...

KRONOS WORLDWIDE ANNOUNCES EXCHANGE OFFER AND CONSENT SOLICITATION

KRONOS WORLDWIDE ANNOUNCES EXCHANGE OFFER AND CONSENT SOLICITATION

Dallas, Texas, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) (the “Company”) today announced that it has commenced an offer to...

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Kronos Worldwide, Inc. Reports Third Quarter 2023 Results

Kronos Worldwide, Inc. Reports Third Quarter 2023 Results

Dallas, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $20.4 million, or $.18 per share, in the...

Kronos Worldwide, Inc. Announces Quarterly Dividend

Kronos Worldwide, Inc. Announces Quarterly Dividend

Dallas, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:  KRO) announced that its board of directors has declared a regular...

Relative Strength Alert For Kronos Worldwide

Kronos Worldwide is Now Oversold (KRO)

Kronos Worldwide, Inc. Announces Quarterly Dividend

Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular...