Tronox (TROX) Misses Q3 EPS by 29c, provides outlook

Tronox (NYSE: TROX) reported Q3 EPS of ($0.13), $0.29 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $804 million versus the consensus estimate of $790.63 million.

Q4 2024 Outlook:

TiO2 volumes expected to decline approximately 10-15% compared to Q3 2024 (flat to mid single-digit increase compared to Q4 2023)
Zircon volumes expected to be flat to slightly down compared to Q3 2024 (double-digit increase compared to Q4 2023)
Adjusted EBITDA expected to be $120-135 million and Adjusted EBITDA margin to be in the high-teens

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

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