Tronox (TROX) Reports Q1 Loss, Misses Revenue Estimates

Tronox (TROX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -850%. A quarter ago, it was expected that this producer of titanium ore and titanium dioxide would post earnings of $0.05 per share when it actually produced earnings of $0.03, delivering a surprise of -40%.Over the last four quarters, the ...