Tronox (TROX) Misses Q3 EPS by 13c; offers Q4 Outlook

Tronox (NYSE: TROX) reported Q3 EPS of ($0.08), $0.13 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $662 million versus the consensus estimate of $711.99 million.

OUTLOOK

Adjusted EBITDA expected to be $105-125 million assuming TiO2 volumes will be relatively flat compared to Q3 2023 levels, with little to no seasonal decline, and zircon volumes continue to improve substantially off third quarter trough levels

For earnings history and earnings-related data on Tronox (TROX) click here.

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