Kronos Worldwide (KRO) Earnings & Sales Miss Estimates in Q2

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 ...