Tronox (TROX) Lags Q2 Earnings and Revenue Estimates

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 ...