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Tronox (TROX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-02-05 16:05
Tronox (TROX) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 12. O ...
Tronox Announces Dates for Fourth Quarter 2024 Earnings Release & Webcast Conference Call
Prnewswire· 2025-01-23 21:05
STAMFORD, Conn., Jan. 23, 2025 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its fourth quarter 2024 earnings release and webcast conference call:Earnings Release: Wednesday, February 12, 2025, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.comWebcast Conference Call: Thursday, February 13, 2025, at 9:00 AM ET (New York). The live call is open to the public and can be accessed via live webcast and teleconference. Please visit ...
Tronox Declares Fourth Quarter 2024 Dividend
Prnewswire· 2024-10-30 20:30
STAMFORD, Conn., Oct. 30, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share. The dividend is payable on December 13, 2024 to shareholders of record at the close of business on November 11, 2024.About TronoxTronox Holdings plc is one of the world's leading producers of high-quality titanium products, including titanium dioxide pigment, spe ...
Tronox(TROX) - 2024 Q3 - Quarterly Report
2024-10-25 13:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to ___________ 1-35573 (Commission file number) TRONOX HOLDINGS PLC (Exact Name of Registrant as Specified in its Charter) England and Wales 98- ...
Tronox (TROX) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-10-24 22:50
Tronox (TROX) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.17. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -176.47%. A quarter ago, it was expected that this producer of titanium ore and titanium dioxide would post earnings of $0.23 per share when it actually produced earnings of $0.07, delivering a surprise of -69.57%.Over the last four quarters ...
Tronox Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-10-24 20:30
STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide ("TiO2") pigment, today reported its financial results for the quarter ending September 30, 2024, as follows:Third Quarter 2024 Financial Highlights: Produced revenue of $804 million, a 21% increase compared to the prior year, or a 2% decrease compared to the prior quarter Generated income from operations of $54 million, and a net loss of ...
Tronox Announces Dates for Third Quarter 2024 Earnings Release & Webcast Conference Call
Prnewswire· 2024-10-02 12:00
STAMFORD, Conn., Oct. 2, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its third quarter 2024 earnings release and webcast conference call: Earnings Release: Thursday, October 24, 2024, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Friday, October 25, 2024, at 8:00 AM ET (New York). The live call is open to the public via internet broadcast and telephone. Internet Broadcast: investor.tronox.c ...
Tronox Declares Third Quarter 2024 Dividend
Prnewswire· 2024-08-13 20:30
STAMFORD, Conn., Aug. 13, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share. The dividend is payable on September 27, 2024 to shareholders of record at the close of business on August 26, 2024. About Tronox Tronox Holdings plc is one of the world's leading producers of high-quality titanium products, including titanium dioxide pigment, sp ...
Tronox(TROX) - 2024 Q2 - Earnings Call Transcript
2024-08-02 20:08
Financial Data and Key Metrics Changes - Revenue for Q2 2024 was $820 million, a 3% increase year-over-year and a 6% increase sequentially, primarily driven by higher TiO2 volumes [7] - Adjusted EBITDA was $161 million, with an adjusted EBITDA margin of 19.6%, reflecting a 4% decline year-on-year but a 23% improvement sequentially [9][10] - Net income attributable to Tronox was $16 million, with an adjusted diluted earnings per share of $0.07 [7][8] Business Line Data and Key Metrics Changes - TiO2 volumes improved by 8% sequentially and 16% year-over-year, with TiO2 revenues increasing by 7% year-over-year despite an 8% decline in price and mix [3][8] - Zircon demand remained stable compared to Q1, with a slight decrease due to shipments rolling into Q3, and Zircon pricing increased by 1% sequentially [8][9] Market Data and Key Metrics Changes - The company noted a significant recovery in TiO2 and Zircon volumes, with year-to-date TiO2 volumes up approximately 17% and Zircon volumes up approximately 20% compared to the prior year [11][12] - The EU has implemented provisional duties on Chinese imports, which is expected to benefit Tronox in the medium to long term [11][12] Company Strategy and Development Direction - Tronox is focused on sustainability, aiming to reduce Scope 1 and 2 carbon emissions intensity by 50% by 2030 and achieve carbon neutrality by 2050 [5][6] - The company is investing $395 million in capital expenditures primarily in the mining side of the business in South Africa to sustain vertical integration [13][14] - Tronox is exploring opportunities in the rare earth space as part of its growth strategy [17] Management's Comments on Operating Environment and Future Outlook - Management indicated that the first half of 2024 has shown a reversal of trends from the previous two years, with expectations for continued recovery [11][12] - The company anticipates TiO2 volumes to decline by 2% to 4% in Q3 compared to Q2, but this still represents a significant increase compared to Q3 2023 [14][15] - Management expressed confidence in achieving lower costs and improved margins in Q4 due to higher utilization rates and lower cost inventory being sold [20][26] Other Important Information - Total available liquidity as of June 30 was $680 million, with $201 million in cash and cash equivalents [10][11] - The company returned $41 million to shareholders, including dividends for the first and second quarters [11] Q&A Session Summary Question: Cost impact of ramp-up issues - Management indicated that the cost impact from ramp-up issues is split evenly between Q2 and Q3, with approximately $15 million each quarter [18][19] Question: Working capital as a source of cash - Management expects working capital to be a slight tailwind for the full year, with inventory levels being built up to meet demand [21][22] Question: Earnings momentum in Q4 - Management clarified that the expected step up in earnings momentum in Q4 is due to lower costs and higher margins from selling lower cost inventory [25][26] Question: Customer behavior changes due to EU tariffs - Management noted significant changes in customer behavior in the EU following the implementation of provisional duties, with a drop in Chinese exports to the region [29][30] Question: Zircon shipment delays - Management confirmed that the shipment pushing to Q3 was a couple of thousand tons, not significant, and that recovery in Chinese demand is necessary for volume improvement [33][34] Question: Future CapEx expectations - Management expects CapEx to decrease in 2025 and 2026 from the elevated levels in 2024, with ongoing investments in mining projects [35][36] Question: Inventory levels and working capital - Management explained that while overall inventory levels are high, there is a need to build finished goods inventory to meet demand [40][41]
Tronox (TROX) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 23:15
Tronox (TROX) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -69.57%. A quarter ago, it was expected that this producer of titanium ore and titanium dioxide would post earnings of $0.01 per share when it actually produced a loss of $0.05, delivering a surprise of -600%. Over the last ...