Kronos Worldwide Inc (NYSE:KRO) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.07 per share from $ 373.30 million in revenue.
For the full year, analysts predict revenues of $ 1559.35 million, while looking forward to income of $ 0.53 per share.
Previous Quarter Performance
Kronos Worldwide Inc unveiled income for the second quarter of $ 0.16 per share, from the revenue of $ 386.00 million.
Stock Performance
Shares of Kronos Worldwide Inc traded up $ 0.29 or 2.13 percent on Tuesday, reaching $ 13.91 with volume of 140.40 thousand shares. Kronos Worldwide Inc has traded high as $ 13.98 and has cracked $ 13.71 on the downward trend
According to the previous trading day, closing price of $ 13.91, representing a 100.00 % increase from the 52 week low of $ 6.81 and a 9.74 % decrease over the 52 week high of $ 15.09.
The company has a market capital of $ 1.61 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.18 per share on August 5, 2020. The dividend were payable on September 10, 2020 to holders of record as of the close of business on September 1, 2020 and ex-dividend date on August 31, 2020.
Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. It produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics.
