The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Kronos Worldwide (KRO) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Kronos Worldwide is one of 236 individual stocks in the Basic Materials sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuri ...

Kronos Worldwide, Inc. (KRO) reported second-quarter 2024 earnings of 17 cents per share against a loss of 7 cents incurred in the year-ago quarter. However, the figure missed the Zacks Consensus Estimate of 21 cents. Net sales increased around 12.9% year over year to $500.5 million due to higher sales volumes as a result of stronger demand for titanium dioxide (TiO2) in all of KRO's major markets, which was somewhat offset by lower average TiO2 selling prices. The top line, however, missed the Zacks Consen ...

Kronos Worldwide (KRO) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -19.05%. A quarter ago, it was expected that this maker of titanium dioxide pigments would post earnings of $0.04 per share when it actually produced earnings of $0.07, delivering a surprise of 75%. Over the last four ...

KRONOS WORLDWIDE, INC. REPORTS SECOND QUARTER 2024 RESULTS DALLAS, TEXAS…August 7, 2024…Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $19.5 million, or $.17 per share, in the second quarter of 2024 compared to a net loss of $8.2 million, or $.07 per share, in the second quarter of 2023. For the first six months of 2024, Kronos Worldwide reported net income of $27.6 million, or $.24 per share, compared to a net loss of $23.4 million, or $.20 per share, in the first six months of 2023. Net in ...

Group 1 - Kronos Worldwide (KRO) has experienced significant selling pressure, resulting in a 19.2% decline in stock price over the past four weeks, but it is now considered to be in oversold territory [1] - Wall Street analysts anticipate that KRO will report better earnings than previously predicted, with a consensus EPS estimate increase of 13.4% over the last 30 days [3] - The Relative Strength Index (RSI) for KRO is currently at 29.59, indicating that the heavy selling may be exhausting itself, suggesting a potential bounce back in stock price [3] Group 2 - KRO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [3]

The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $504.19 million, up 13.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.88% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 23rd: Kronos Worldwide, Inc. (KRO) : This company that produces and markets titanium dioxide pigments internationally has witnessed the Zacks Consensus Estimate for its current year earnings increasing 190.9% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 6.8%, compared with the industry average of 1.9%. Telefonica, S.A. (TEF) : This telecommunications services company has w ...

We are positive about the company's prospects and believe that the time is right for you to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead. KRO has outperformed the industry it belongs to over the past year. The company's shares have rallied 33.4% compared with a 13.5% decline of the industry. The Zacks Consensus Estimate for earnings for 2024 for Kronos Worldwide is currently pegged at 85 cents, reflecting an expected year-over-year growth of 297.7%. Moreove ...

Kronos Worldwide, Inc.'s (KRO) shares have rallied around 25% over the past six months. It is expected to gain from higher demand for titanium dioxide (TiO2) and easing pricing pressure this year. Cost-reduction initiatives are also expected to support margins. Let's take a look into the factors that make this Zacks Rank #2 (Buy) stock an attractive choice for investors right now. KRO has outperformed the industry it belongs to over the past year. The company's shares have rallied 49.1% compared with a 6.9% ...

Kronos Worldwide, Inc.'s (KRO) shares have shot up 35.2% year to date. The company has also outperformed its industry's decline of 2% over the same time frame. Moreover, it has topped the S&P 500's roughly 13.9% rise over the same period. Kronos is benefiting from higher demand for titanium dioxide (TiO2) in major markets, which is driving its sales volumes as witnessed in the first quarter of 2024. Per the company, TiO2 consumption has increased at a compound annual growth rate of around 2% since 2000. Wes ...