Tronox (TROX) Misses Q4 Earnings and Revenue Estimates

Company Performance - Tronox reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of$ 0.05 per share, compared to a loss of $0.38 per share a year ago, indicating an earnings surprise of -40% [1] - The company posted revenues of$ 676 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.39%, and down from $686 million year-over-year [2] - Over the last four quarters, Tronox has not surpassed consensus EPS estimates and has topped consensus revenue estimates only twice [2] Stock Outlook - Tronox shares have lost about 1.2% since the beginning of the year, while the S&P 500 has gained 3.2% [3] - The current consensus EPS estimate for the coming quarter is$ 0.16 on revenues of $788.95 million, and for the current fiscal year, it is$ 0.76 on revenues of $3.24 billion [7] - The estimate revisions trend for Tronox is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Chemical - Diversified industry, to which Tronox belongs, is currently in the bottom 11% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]