Kronos Worldwide (KRO) Tops Q1 EPS by 8c
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Kronos Worldwide Reports First Quarter 2020 Results
May 6, 2020 4:15 PM EDTDallas, TX, May 06, 2020 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) today reported net income of $27.0 million, or $.23 per share, in the first quarter of 2020 compared to net income of $30.3 million, or $.26 per share, in the first quarter of 2019. We reported lower net income in the first quarter 2020 as compared to the first quarter of 2019 primarily due to lower income from operations resulting from the effects of lower sales volumes and higher raw materials and other production costs, as discussed below. Comparability of our results was also impacted by the effects of changes in... More
