Kronos Worldwide (KRO) to Post Quarterly Earnings on Wednesday

Kronos Worldwide (NYSE:KRO) will likely be announcing its results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $484.5120 million for the quarter.

Kronos Worldwide (NYSE:KRO) last released its earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.29. The company had revenue of $509.80 million during the quarter, compared to the consensus estimate of $524.00 million. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%. On average, analysts expect Kronos Worldwide to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kronos Worldwide Trading Down 0.4%

Shares of NYSE:KRO opened at $6.00 on Monday. The firm has a fifty day moving average of $6.58 and a two-hundred day moving average of $6.32. The company has a quick ratio of 1.41, a current ratio of 3.18 and a debt-to-equity ratio of 0.81. Kronos Worldwide has a 12-month low of $4.08 and a 12-month high of $7.89. The firm has a market capitalization of $689.74 million, a P/E ratio of -5.17 and a beta of 1.00.

Kronos Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Thursday, June 4th. Kronos Worldwide’s dividend payout ratio (DPR) is currently -17.24%.

Hedge Funds Weigh In On Kronos Worldwide

Several hedge funds have recently bought and sold shares of KRO. Raymond James Financial Inc. bought a new position in Kronos Worldwide during the second quarter valued at about $42,000. Jain Global LLC bought a new stake in shares of Kronos Worldwide during the 4th quarter worth about $46,000. The Manufacturers Life Insurance Company acquired a new position in shares of Kronos Worldwide during the 2nd quarter valued at about $70,000. Susquehanna Portfolio Strategies LLC acquired a new position in shares of Kronos Worldwide during the 4th quarter valued at about $53,000. Finally, CANADA LIFE ASSURANCE Co bought a new position in shares of Kronos Worldwide in the 4th quarter valued at approximately $58,000. 15.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KRO. Weiss Ratings raised Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Zacks Research raised Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Wall Street Zen raised Kronos Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.00.

About Kronos Worldwide

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.