Tronox: Q4 Earnings Snapshot

Associated Press Finance
13 Feb

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Tronox Holdings plc (TROX) on Wednesday reported a loss of $30 million in its fourth quarter.

On a per-share basis, the Stamford, Connecticut-based company said it had a loss of 19 cents. Earnings, adjusted for non-recurring costs, came to 3 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The producer of titanium ore and titanium dioxide posted revenue of $676 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $685.5 million.

Tronox expects full-year revenue in the range of $3 billion to $3.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TROX at https://www.zacks.com/ap/TROX

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