May 8, 2013.Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss for the first quarter of 2013 of $41.1 million, or $.35 per share, compared to net income of $136.9 million, or $1.18 per share, in the first quarter of 2012.
Kronos Worldwide Inc. (NYSE:KRO) had a loss and missed Wall Street's expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
NEW YORK, May 13, 2013 (BUSINESS WIRE) -- Fitch Ratings has downgraded the Issuer Default Rating (IDR) and senior secured term loan of Kronos Worldwide, Inc. (NYSE:KRO) to 'BB-' from 'BB'. A complete list of rating actions is at the end of this release.
Kronos Worldwide (NYSE: KRO) last released its earnings data on Wednesday, May 8th. The company reported ($0.35) earnings per share for the quarter, missing the analysts' consensus estimate of $0.08 by $0.43.
Wall Street Journal (press release) - May 10, 2013
... controlled by Contran, is also primarily a holding company with operations in chemicals (through Kronos Worldwide, Inc.), component products (through CompX International Inc.) and waste management industries (through Waste Control Specialists LLC).
The major producers of TiO2 pigment are: E.I. du Pont de Nemours & Co; Cristal Global, Huntsman Corporation, Tronox Incorporated, Kronos Worldwide Inc, Ishihara Sangyo Kaisha Ltd and Rockwood Holdings Inc. The major producers of TiO2 feedstock are: ...
Another surprise this week was US-based titanium dioxide (TiO2) pigment producer Kronos Worldwide Inc. announcing a raft of price increases for its TiO2 products on the back of a 21% year-on-year (y-o-y) price slide, and a 7% quarter-on-quarter price ...