NYSE$KRO
Kronos Worldwide Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported a net income increase due to higher sales and production volumes, and lower production costs, despite lower average TiO2 selling prices.
Kronos Worldwide, Inc. reported a net income of $19.5 million, or $.17 per share, in the second quarter of 2024, compared to a net loss of $8.2 million, or $.07 per share, in the second quarter of 2023. Net sales increased by 13% to $500.5 million. The company's TiO2 segment profit was $41.1 million, a significant improvement from the $2.3 million loss in the same quarter last year.
- Net income was $19.5 million, or $.17 per share, compared to a net loss of $8.2 million, or $.07 per share, in Q2 2023.
- Net sales increased by 13% to $500.5 million compared to Q2 2023.
- TiO2 sales volumes were 29% higher than in Q2 2023.
- TiO2 segment profit was $41.1 million, compared to a $2.3 million loss in Q2 2023.
Headline financials
Revenue & EPS history
Kronos · Revenue · Quarterly
$501M
Revenue by segment
Kronos · -$14.8M total across 1 segment · Q1 2023
- TiO2-$14.8M—100.0%
Forward guidance
The company did not provide specific forward guidance in this earnings report.
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 Q2 2024
-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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro