Tronox (NYSE: TROX) reported Q1 EPS of $0.60, $0.03 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $965 million versus the consensus estimate of $933.34 million.

GUIDANCE:

Tronox sees FY2022 EPS of $3.08-$3.59, versus the consensus of $3.17.

• Reaffirming Adjusted EBITDA guided range at $1.025-$1.125 billion
• Reaffirming Adjusted diluted EPS guided range at $3.08 to $3.591
• Adjusting free cash flow expectation lower to at least $265 million, reflecting the settlement ($85 million), increased 2022 capital expenditures ($25 million) and increased working capital requirements ($25 million)
• Q2 2022: Adjusted EBITDA expected to be $265-280 million

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