Tronox Holdings plc
(TROX)
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Tronox Declares Fourth Quarter 2024 Dividend
prnewswire.com
STAMFORD, Conn. , Oct. 30, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share.
Tronox Holdings plc (TROX) Q3 2024 Earnings Call Transcript
seekingalpha.com
Tronox Holdings plc (NYSE:TROX ) Q3 2024 Earnings Conference Call October 25, 2024 8:00 AM ET Company Participants Jennifer Guenther - IR John D. Romano - CEO John Srivisal - SVP and CFO Conference Call Participants John McNulty - BMO Capital Markets Joshua Spector - UBS Investment Bank David Begleiter - Deutsche Bank Patrick Fischer - Goldman Sachs John Roberts - Mizuho Securities Jeffrey Zekauskas - J.P.
Tronox (TROX) Reports Q3 Loss, Tops Revenue Estimates
zacks.com
Tronox (TROX) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.17. This compares to loss of $0.08 per share a year ago.
Tronox Reports Third Quarter 2024 Financial Results
prnewswire.com
STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide ("TiO2") pigment, today reported its financial results for the quarter ending September 30, 2024, as follows: Third Quarter 2024 Financial Highlights: Produced revenue of $804 million, a 21% increase compared to the prior year, or a 2% decrease compared to the prior quarter Generated income from operations of $54 million, and a net loss of $25 million; adjusted net loss was $21 million (non-GAAP) GAAP diluted loss per share was $0.16; Adjusted diluted loss per share was $0.13 (non-GAAP) Delivered Adjusted EBITDA of $143 million and an Adjusted EBITDA margin of 17.8% (non-GAAP) Invested $101 million in capital expenditures in the quarter, primarily in the previously announced mining extension projects in South Africa Returned $61 million to shareholders in the nine months ending September 30, 2024 in the form of dividends Q4 2024 Outlook: TiO2 volumes expected to decline approximately 10-15% compared to Q3 2024 (flat to mid single-digit increase compared to Q4 2023) Zircon volumes expected to be flat to slightly down compared to Q3 2024 (double-digit increase compared to Q4 2023) Adjusted EBITDA expected to be $120-135 million and Adjusted EBITDA margin to be in the high-teens This outlook is based on Tronox's views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
Tronox (TROX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
zacks.com
Tronox (TROX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tronox Announces Dates for Third Quarter 2024 Earnings Release & Webcast Conference Call
prnewswire.com
STAMFORD, Conn. , Oct. 2, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its third quarter 2024 earnings release and webcast conference call: Earnings Release:Â Thursday, October 24, 2024, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Friday, October 25, 2024, at 8:00 AM ET (New York).
Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend Yields
benzinga.com
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Tronox Declares Third Quarter 2024 Dividend
prnewswire.com
STAMFORD, Conn. , Aug. 13, 2024 /PRNewswire/ --Â Tronox Holdings plc (NYSE: TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share.
Tronox Holdings plc (TROX) Q2 2024 Earnings Call Transcript
seekingalpha.com
Tronox Holdings plc (NYSE:TROX ) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Jennifer Guenther - Investor Relations John Romano - Chief Executive Officer John Srivisal - Senior Vice President and Chief Financial Officer Conference Call Participants John McNulty - BMO Capital Markets Frank Mitsch - Fermium Research David Begleiter - Deutsche Bank James Cannon - UBS Mike Leithead - Barclays John Roberts - Mizuho Turner Hinrichs - Morgan Stanley Hassan Ahmed - Alembic Global Operator Good morning, ladies and gentlemen, and welcome to the Tronox Holdings' Second Quarter 2024 Earnings Conference Call. [Operator Instructions] This call is being recorded on Friday, August 2nd, 2024.
Tronox (TROX) Lags Q2 Earnings and Revenue Estimates
zacks.com
Tronox (TROX) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago.
Tronox Reports Second Quarter 2024 Financial Results
prnewswire.com
Delivered results within previously guided ranges STAMFORD, Conn. , Aug. 1, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide ("TiO2") pigment, today reported its financial results for the quarter ending June 30, 2024, as follows: Second Quarter 2024 Financial Highlights: Produced revenue of $820 million, a 6% increase compared to the prior quarter, or a 3% increase compared to the prior year Generated income from operations of $76 million, and net income of $10 million; adjusted net income was $12 million (non-GAAP) GAAP diluted earnings per share of $0.10; Adjusted diluted earnings per share was $0.07 (non-GAAP) Delivered Adjusted EBITDA of $161 million, within previously issued guidance of $160-180 million, and an Adjusted EBITDA margin of 19.6% (non-GAAP) Invested $76 million in capital expenditures in the quarter Generated $84 million in free cash flow in the quarter (non-GAAP) Q3 2024 Outlook: TiO2 volumes expected to decline approximately 2-4% compared to Q2 2024 (an increase in the high-teens range compared to Q3 2023) Zircon volumes expected to be relatively flat compared to Q2 2024 (an increase of ~160% compared to Q3 2023) Adjusted EBITDA expected to be $145-165 million and Adjusted EBITDA margin to be in the high-teens  This outlook is based on Tronox's views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
Tronox Issues 2023 Sustainability Report
prnewswire.com
STAMFORD, Conn. , July 31, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, today announced the publication of its 2023 sustainability report.
Tronox (TROX) Reports Next Week: Wall Street Expects Earnings Growth
zacks.com
Tronox (TROX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CMP vs. TROX: Which Stock Is the Better Value Option?
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Investors with an interest in Chemical - Diversified stocks have likely encountered both Compass Minerals (CMP) and Tronox (TROX). But which of these two stocks presents investors with the better value opportunity right now?
Tronox Announces Dates for Second Quarter 2024 Earnings Release & Webcast Conference Call
prnewswire.com
STAMFORD, Conn. , July 12, 2024 /PRNewswire/ --Â Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its second quarter 2024 earnings release and webcast conference call: Earnings Release:Â Thursday, August 1, 2024, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call:Â Friday, August 2, 2024, at 10:00 AM ET (New York).
Tronox (TROX) Upgraded to Buy: Here's Why
zacks.com
Tronox (TROX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Tronox (TROX) Inks Long-Term Power Purchase Deal With NOA
zacks.com
The agreement is another example of Tronox's (TROX) ongoing projects and investments aimed at achieving its publicly stated objective of net zero greenhouse gas emissions by 2050.
Tronox Announces Second Significant Renewable Energy Project in South Africa
prnewswire.com
Tronox takes another significant step toward reducing its Scope 1 & 2 emissions with a ~200MW wind and solar power purchase agreement STAMFORD, Conn. , June 6, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, today announced that it has entered into a long-term power purchase agreement with NOA Group ("NOA"), an integrated energy utility, for ~497GWh of total contracted energy anticipated to be served by plants with capacity in excess of 200MW of renewable wind and solar power through fixed and flexible arrangements to Tronox's mines and smelters in the Republic of South Africa.
Natixis Advisors L.P. Increases Position in Tronox Holdings plc (NYSE:TROX)
https://www.defenseworld.net
Natixis Advisors L.P. grew its holdings in Tronox Holdings plc (NYSE:TROX – Free Report) by 8.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,197 shares of the company’s stock after purchasing an additional 1,726 shares during the quarter. Natixis Advisors L.P.’s holdings in Tronox were worth $314,000 as of its most recent SEC filing. A number of other institutional investors have also bought and sold shares of the business. Massachusetts Financial Services Co. MA lifted its position in Tronox by 42.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,210,243 shares of the company’s stock worth $16,266,000 after buying an additional 361,727 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Tronox by 2.5% during the 3rd quarter. Deutsche Bank AG now owns 132,869 shares of the company’s stock worth $1,786,000 after acquiring an additional 3,238 shares during the period. American Century Companies Inc. raised its holdings in shares of Tronox by 10.1% during the 3rd quarter. American Century Companies Inc. now owns 1,851,361 shares of the company’s stock worth $24,882,000 after acquiring an additional 169,544 shares during the period. First Eagle Investment Management LLC boosted its position in shares of Tronox by 371.6% during the 3rd quarter. First Eagle Investment Management LLC now owns 551,920 shares of the company’s stock valued at $7,418,000 after acquiring an additional 434,900 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Tronox by 0.3% in the third quarter. Vanguard Group Inc. now owns 12,476,001 shares of the company’s stock valued at $167,677,000 after purchasing an additional 41,481 shares during the period. 73.36% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In Several research firms have weighed in on TROX. BMO Capital Markets boosted their target price on shares of Tronox from $19.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Barclays upped their price objective on Tronox from $17.00 to $22.00 and gave the company an “overweight” rating in a report on Wednesday, May 15th. The Goldman Sachs Group raised their target price on Tronox from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Finally, StockNews.com raised Tronox from a “sell” rating to a “hold” rating in a research note on Monday, May 13th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $17.43. Get Our Latest Research Report on TROX Tronox Trading Up 1.0 % TROX opened at $19.39 on Monday. The company has a quick ratio of 1.09, a current ratio of 3.12 and a debt-to-equity ratio of 1.44. The firm has a market cap of $3.06 billion, a P/E ratio of -8.70, a P/E/G ratio of 22.11 and a beta of 1.91. Tronox Holdings plc has a 52 week low of $10.08 and a 52 week high of $19.75. The business has a fifty day simple moving average of $17.41 and a 200-day simple moving average of $14.82. Tronox (NYSE:TROX – Get Free Report) last released its earnings results on Wednesday, May 1st. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.06). Tronox had a negative net margin of 11.93% and a negative return on equity of 2.74%. The firm had revenue of $774.00 million during the quarter, compared to analyst estimates of $753.98 million. During the same period in the prior year, the firm earned $0.15 earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year. On average, equities analysts expect that Tronox Holdings plc will post 0.71 earnings per share for the current year. Tronox Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Monday, May 20th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date is Friday, May 17th. Tronox’s dividend payout ratio is currently -22.42%. Tronox Company Profile (Free Report) Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products. See Also Five stocks we like better than Tronox How to Use the MarketBeat Excel Dividend Calculator MarketBeat Week in Review – 5/13 – 5/17 Stock Market Upgrades: What Are They? Take-Two Interactive Software Offers 2nd Chance for Investors Why Invest in 5G? How to Invest in 5G Stocks Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
Tronox Announces Appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors
prnewswire.com
STAMFORD, Conn. , May 8, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, today announced the appointment of Lucrèce Foufopoulos-De Ridder to the Board of Directors effective May 8, 2024.
Tronox Declares Second Quarter 2024 Dividend
prnewswire.com
STAMFORD, Conn. , May 7, 2024 /PRNewswire/ --Â Tronox Holdings plc (NYSE:TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share.
Tronox Holdings plc (TROX) Q1 2024 Earnings Call Transcript
seekingalpha.com
Tronox Holdings plc (NYSE:TROX ) Q1 2024 Results Conference Call May 2, 2024 5:00 AM ET Company Participants Jennifer Guenther - Chief Sustainability Officer and Head, Investor Relations John Romano - CEO & Director John Srivisal - Senior Vice President & Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank John McNulty - BMO Capital Markets Duffy Fischer - Goldman Sachs John Spector - UBS Frank Mitsch - Fermium Research Mike Leithead - Barclays Hassan Ahmed - Alembic Global Jeffrey Zekauskas - JPMorgan Turner Hinrichs - Morgan Stanley Roger Spitz - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Tronox Holdings' Q1 2024 Earnings Conference Call. [Operator Instructions] Also note that this call is being recorded on Thursday, May 2, 2024, and I would like to turn the conference over to Jennifer Guenther, Chief Sustainability Officer and Head of Investor Relations.
Tronox (TROX) Reports Q1 Loss, Tops Revenue Estimates
zacks.com
Tronox (TROX) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.15 per share a year ago.
Tronox Reports First Quarter 2024 Financial Results
prnewswire.com
Performance exceeded expectations as demand trajectory outpaced normal seasonal levels against a backdrop of improving production costs STAMFORD, Conn. , May 1, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide ("TiO2") pigment, today reported its financial results for the quarter ending March 31, 2024, as follows: First Quarter 2024 Financial Highlights: Produced revenue of $774 million, a 13% increase compared to the prior quarter, or a 9% increase compared to the prior year Generated income from operations of $41 million, and a net loss of $9 million; adjusted net loss was $7 million (non-GAAP) GAAP diluted loss per share of $0.06; Adjusted diluted loss per share was $0.05 (non-GAAP) Delivered Adjusted EBITDA of $131 million, exceeding previously issued guidance of $100-120 million, and an Adjusted EBITDA margin of 16.9%, slightly above the guided range (non-GAAP) Invested $76 million in capital expenditures in the quarter Second Quarter 2024 Outlook: TiO2 volumes expected to increase 7-10% compared to Q1 2024 Zircon volumes expected to be relatively flat compared to Q1 2024 Adjusted EBITDA expected to be $160-180 million and Adjusted EBITDA margin to be in the range of 20% This outlook is based on Tronox's views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
Tronox Releases Selected Preliminary First Quarter 2024 Financial Results
prnewswire.com
Revenue Above Expectations; Adjusted EBITDA to Exceed Previously Issued Guidance STAMFORD, Conn. , April 22, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, in conjunction with the launch of an opportunistic repricing transaction relating to a portion of its existing term loan tranches, today released selected preliminary unaudited financial results for the quarter ending March 31, 2024.
Tronox Announces Dates for First Quarter 2024 Earnings Release & Webcast Conference Call
prnewswire.com
STAMFORD, Conn. , April 4, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its first quarter 2024 earnings release and webcast conference call: Earnings Release:Â Wednesday, May 1, 2024, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Thursday, May 2, 2024, at 8:00 AM ET (New York).
These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Sonoco Prods (NYSE:SON), International Paper (NYSE:IP)
benzinga.com
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
7 Cheap Dividend Stocks to Roll the Dice With
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Tronox Board Member Dr. Vanessa Guthrie Intends to Not Seek Re-Election at 2024 Annual General Meeting
prnewswire.com
STAMFORD, Conn., Feb. 21, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), a leading integrated manufacturer of titanium dioxide pigment, today announced that Dr. Vanessa Guthrie has decided to not seek re-election as a member of the Board of Directors of the Company (the "Board") at the 2024 Annual Meeting of Stockholders.
Tronox Declares First Quarter 2024 Dividend
prnewswire.com
STAMFORD, Conn. , Feb. 21, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share.
Tronox Holdings plc (TROX) Q4 2023 Earnings Call Transcript
seekingalpha.com
Tronox Holdings plc (TROX) Q4 2023 Earnings Call Transcript
Tronox (TROX) Reports Q4 Loss, Tops Revenue Estimates
zacks.com
Tronox (TROX) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.17 per share a year ago.
Tronox Reports Fourth Quarter and Full Year 2023 Financial Results
prnewswire.com
Fourth quarter free cash flow above expectations STAMFORD, Conn. , Feb. 15, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, today reported its financial results for the quarter ending December 31, 2023: Fourth Quarter 2023 Financial Highlights: Revenue of $686 million Income from operations of $8 million; Net loss attributable to Tronox of $56 million Adjusted EBITDA of $94 million; Adjusted EBITDA margin of 13.7% (non-GAAP) GAAP diluted loss per share of $0.36; Adjusted diluted loss per share of $0.38 (non-GAAP) Free cash flow of $51 million (non-GAAP) Full Year 2023 Financial Highlights: Total revenue of $2,850 million Income from operations of $186 million; Net loss attributable to Tronox of $316 million; Adjusted net loss of $24 million (primarily excludes $293 million tax valuation allowance) Adjusted EBITDA of $524 million; Adjusted EBITDA margin of 18.4% (non-GAAP) GAAP diluted loss per share of $2.02; Adjusted diluted loss per share of $0.15 (non-GAAP) Capital expenditures of $261 million Returned $89 million to shareholders in the form of dividends Outlook: Q1 2024 Adjusted EBITDA expected to be $100-120 million Expect TiO2 volumes to increase 12-16% and zircon volumes to increase 15-30%, both compared to Q4 2023 levels Expect TiO2 pricing to remain relatively flat to the prior quarter This outlook is based on Tronox's current views of global economic activity and is subject to changes and impacts associated with global supply chain and inflation-related challenges, among others.
Will Tronox (TROX) Report Negative Earnings Next Week? What You Should Know
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Tronox (TROX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
benzinga.com
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Tronox Announces Dates for Fourth Quarter 2023 Earnings Release & Webcast Conference Call
prnewswire.com
STAMFORD, Conn. , Jan. 25, 2024 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its fourth quarter 2023 earnings release and webcast conference call: Earnings Release:Â Thursday, February 15, 2024, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Friday, February 16, 2024, at 8:00 AM ET (New York).
Strength Seen in Tronox (TROX): Can Its 7.6% Jump Turn into More Strength?
zacks.com
Tronox (TROX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Tronox Declares Fourth Quarter 2023 Dividend
prnewswire.com
STAMFORD, Conn. , Nov. 1, 2023 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share.
Tronox Holdings plc (TROX) Q3 2023 Earnings Call Transcript
seekingalpha.com
Tronox Holdings plc (NYSE:TROX ) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Jennifer Guenther – Chief Sustainability Officer and Head-Investor Relations and Financial Planning John Romano – Co-Chief Executive Officer Jean-Francois Turgeon – Co-Chief Executive Officer John Srivisal – Senior Vice President and Chief Financial Officer Conference Call Participants Duffy Fischer – Goldman Sachs David Begleiter – Deutsche Bank Josh Spector – UBS John McNulty – BMO Capital Markets Frank Mitsch – Fermium Research Mike Leithead – Barclays Hassan Ahmed – Alembic Global Turner Hinrichs – Morgan Stanley Jeff Zekauskas – J.P. Morgan Roger Spitz – Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Tronox Holdings Q3 2023 Earnings Call.
Tronox (TROX) Reports Q3 Loss, Misses Revenue Estimates
zacks.com
Tronox (TROX) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $0.69 per share a year ago.
Tronox Reports Third Quarter 2023 Financial Results
prnewswire.com
Delivered Adjusted EBITDA within the guided range despite softer market conditions Proactively strengthened balance sheet with incremental term loan STAMFORD, Conn. , Oct. 25, 2023 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide ("TiO2") pigment, today reported its financial results for the quarter ending September 30, 2023, as follows: Third Quarter 2023 Financial Highlights: Produced revenue of $662 million, a 17% decrease compared to the prior quarter, or a 26% decrease compared to the prior year Generated income from operations of $32 million, and a net loss of $14 million; adjusted net loss was $12 million (non-GAAP) GAAP diluted EPS was $(0.09); adjusted diluted EPS was $(0.08) (non-GAAP) Delivered Adjusted EBITDA of $116 million and an Adjusted EBITDA margin of 17.5%, both within the guided range Invested $54 million in capital expenditures in the quarter Proactively reinforced balance sheet with $350 million incremental term loan raise in August, the proceeds of which were used to pay outstanding borrowings under existing revolving credit facilities and enhance available liquidity Q4 2023 Outlook: Adjusted EBITDA expected to be $105-125 million assuming TiO2 volumes will be relatively flat compared to Q3 2023 levels, with little to no seasonal decline, and zircon volumes continue to improve substantially off third quarter trough levels This outlook is based on Tronox's views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
Tronox Announces Planned Retirement of Co-CEO Jean-François Turgeon; John D. Romano to be Appointed Sole CEO
prnewswire.com
STAMFORD, Conn. , Oct. 25, 2023 /PRNewswire/ -- Tronox Holdings plc (NYSE:TROX) ("Tronox" or the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, today announced that Jean-François Turgeon, Tronox's co-chief executive officer, will retire from Tronox on April 1, 2024.
Analysts Estimate Tronox (TROX) to Report a Decline in Earnings: What to Look Out for
zacks.com
Tronox (TROX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tronox Announces Dates for Third Quarter 2023 Earnings Release & Webcast Conference Call
prnewswire.com
STAMFORD, Conn. , Oct. 10, 2023 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX) announced today the following schedule for its third quarter 2023 earnings release and webcast conference call: Earnings Release:Â Wednesday, October 25, 2023, after the market close via PR Newswire and the Tronox Holdings plc website: tronox.com Webcast Conference Call: Thursday, October 26, 2023, at 8:00 AM ET (New York).
Tronox (TROX) Announces Closing of $350M Incremental Term Loan
zacks.com
The transaction safeguards Tronox's (TROX) capacity to repay outstanding debt ahead of its next significant maturities, occurring in 2028 and 2029.
Tronox Announces Closing of Incremental Term Loan
prnewswire.com
STAMFORD, Conn. , Aug. 16, 2023 /PRNewswire/ -- Tronox Holdings plc (NYSE: TROX; the "Company"), the world's leading integrated manufacturer of titanium dioxide pigment, today announced the closing of its $350 million incremental term loan under the Company's existing credit agreement, the proceeds of which are expected to be used to repay outstanding borrowings under the Company's existing revolving credit facilities and enhance available liquidity for upcoming capital expenditures.
Looking for a Bargain? 7 Retirement Stocks to Buy That Are Down 10% in 2023
investorplace.com
The best bargain retirement stocks are usually those that provide dividends sustained by earnings. Unlike volatile growth stocks, these dividend-paying stocks offer reassurance, signifying a firm's commitment to returning capital to shareholders.
Tronox Declares Third Quarter 2023 Dividend
prnewswire.com
STAMFORD, Conn. , Aug. 2, 2023 /PRNewswire/ -- Tronox Holdings plc (NYSE:Â TROX), the world's leading integrated manufacturer of titanium dioxide pigment, announced today that its Board of Directors declared a quarterly dividend of $0.125 per share.
Tronox Holdings plc (TROX) Q2 2023 Earnings Call Transcript
seekingalpha.com
Tronox Holdings plc (NYSE:TROX ) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants Jennifer Guenther - Chief Sustainability Officer and Head-Investor Relations and Financial Planning John Romano - Co-Chief Executive Officer Jean-Francois Turgeon - Co-Chief Executive Officer John Srivisal - Senior Vice President and Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank Research Joshua Spector - UBS Securities Duffy Fischer - Goldman Sachs John McNulty - BMO Capital Markets Mike Leithead - Barclays Aziza Gazieva - Fermium Research Matthew DeYoe - BofA Securities John Roberts - Credit Suisse Jeffrey Zekauskas - JPMorgan Roger Spitz - Bank of America Merrill Lynch Hassan Ahmed - Alembic Global Advisors Operator Good morning, ladies and gentlemen, and welcome to the Tronox Holdings' Second Quarter 2023 Earnings Call and webcast. At this time, all lines are in a listen-only mode.
Tronox (TROX) Misses Q2 Earnings and Revenue Estimates
zacks.com
Tronox (TROX) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.84 per share a year ago.