Tronox Reports First Quarter 2017 Financial Results
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Tronox (TROX) Posts Q1 Adj-Loss of $0.26/Share
May 3, 2017 4:43 PM EDTTronox (NYSE: TROX) reported Q1 EPS of ($0.26), which may note compare to the analyst estimate of ($0.02). Revenue for the quarter came in at $569 million versus the consensus estimate of $575.32 million.
Tom Casey, chairman and CEO of Tronox, said: "Our first quarter performance provided a very strong start to 2017 as our TiO2 and Alkali businesses combined to deliver $123 million of adjusted EBITDA and $132 million of free cash flow. Our TiO2 business exceeded the aggressive goals we set for first quarter performance with revenue growth of 33 percent and adjusted... More
