Tronox (TROX) Misses Q1 EPS by 4c, provides outlook

Tronox (NYSE: TROX) reported Q1 EPS of ($0.05), $0.04 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $774 million versus the consensus estimate of $744.14 million.

Second Quarter 2024 Outlook:

TiO2 volumes expected to increase 7-10% compared to Q1 2024
Zircon volumes expected to be relatively flat compared to Q1 2024
Adjusted EBITDA expected to be $160-180 million and Adjusted EBITDA margin to be in the range of 20%

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

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