NYSE$KRO
Kronos Worldwide Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported a decrease in net income due to lower income from operations, impacted by currency exchange rates and slightly lower average TiO2 selling prices.
Kronos Worldwide reported first quarter 2021 results with net sales increasing by 10% to $465.0 million, driven by higher sales volumes. However, net income decreased to $19.6 million, or $.17 per share, due to lower income from operations.
- Net sales increased by 10% compared to the first quarter of 2020, reaching $465.0 million.
- Net income decreased to $19.6 million, or $.17 per share, compared to $27.0 million, or $.23 per share, in the first quarter of 2020.
- TiO2 sales volumes increased by 3% due to higher demand in North American and Latin American markets.
- Average TiO2 selling prices were 1% lower compared to the first quarter of 2020 but 1% higher than at the end of 2020.
Headline financials
Revenue & EPS history
Kronos · Revenue · Quarterly
$465M
Revenue by segment
Kronos · -$14.8M total across 1 segment · Q1 2023
- TiO2-$14.8M—100.0%
Forward guidance
The company provided forward-looking statements regarding future performance, highlighting various risks and uncertainties that could impact actual results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-1.2%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+4.7%
Avg return
30 days after
44%
27 / 62 earnings
Positive
+19.7%
Q3 2016
Best reaction
-19.8%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.9% | -5.9% | -17.6% | |
| Q4 2025 | -3.3% | -4.8% | +20.3% | |
| Q3 2025 | -7.0% | +2.5% | +0.2% | |
| Q1 2025 | -2.0% | +4.0% | -10.1% | |
| Q3 2024 | +4.6% | -1.9% | -12.9% | |
| Q2 2024 | +0.5% | +2.4% | +2.7% | |
| Q1 2024 | +4.1% | +2.5% | +9.4% | |
| Q4 2023 | +15.7% | +26.3% | +38.9% | |
| Q3 2023 | +14.5% | +7.0% | +31.5% | |
| Q2 2023 | -6.9% | -1.9% | -10.1% | |
| Q1 2023 | -8.9% | -8.0% | -3.5% | |
| Q4 2022 | -13.2% | -17.8% | -18.1% | |
| Q3 2022 | -7.9% | -0.5% | -3.3% | |
| Q2 2022 | -6.2% | -12.1% | -27.4% | |
| Q1 2022 | +1.2% | -0.8% | +21.6% | |
| Q4 2021 | +8.6% | +11.2% | +11.6% | |
| Q3 2021 | +4.3% | +2.8% | +3.2% | |
| Q2 2021 | -6.3% | -5.3% | -6.7% | |
| Q1 2021 | -0.1% | -1.5% | -7.1% | |
| Q4 2020 | +1.1% | -2.8% | +4.9% | |
| Q3 2020 | -0.4% | +1.1% | +8.1% | |
| Q2 2020 | +5.4% | +10.8% | +11.9% | |
| Q1 2020 | -5.6% | +2.4% | +20.5% | |
| Q4 2019 | -12.6% | -7.6% | +16.0% | |
| Q3 2019 | +7.6% | +8.7% | +2.3% | |
| Q2 2019 | -5.8% | -11.3% | -4.8% | |
| Q1 2019 | +2.4% | +1.0% | +8.5% | |
| Q4 2018 | -4.8% | -5.9% | -2.9% | |
| Q3 2018 | -15.2% | -16.2% | -26.6% | |
| Q2 2018 | -0.3% | -4.9% | -11.8% | |
| Q1 2018 | -6.0% | -1.8% | +4.5% | |
| Q4 2017 | +0.0% | -1.7% | -3.9% | |
| Q3 2017 | +0.5% | +3.2% | -3.0% | |
| Q2 2017 | -11.5% | -7.9% | -0.9% | |
| Q1 2017 | +7.8% | +12.7% | +8.4% | |
| Q4 2016 | +7.1% | +10.2% | +16.7% | |
| Q3 2016 | +19.7% | +38.0% | +57.0% | |
| Q2 2016 | +12.5% | +15.4% | +51.0% | |
| Q1 2016 | -3.0% | — | — | |
| Q4 2015 | -2.3% | — | — | |
| Q3 2015 | -14.4% | — | — | |
| Q2 2015 | -19.8% | — | — | |
| Q1 2015 | -9.4% | — | — | |
| Q4 2014 | +7.8% | — | — | |
| Q3 2014 | -0.9% | — | — | |
| Q2 2014 | -0.7% | — | — | |
| Q1 2014 | -4.7% | — | — | |
| Q4 2013 | +8.0% | — | — | |
| Q3 2013 | +2.1% | — | — | |
| Q2 2013 | -2.5% | — | — | |
| Q1 2013 | -3.0% | — | — | |
| Q4 2012 | -2.1% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | +4.4% | — | — | |
| Q1 2012 | -11.1% | — | — | |
| Q4 2011 | +0.8% | — | — | |
| Q3 2011 | +2.7% | — | — | |
| Q2 2011 | -19.2% | — | — | |
| Q1 2011 | -4.7% | — | — | |
| Q4 2010 | +3.6% | — | — | |
| Q2 2010 | +7.8% | — | — | |
| Q1 2010 | -5.2% | — | — |
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