Shares of Tronox Holdings (NYSE:TROX) rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 48.28% over the past year to $0.43, which beat the estimate of $0.28.
Revenue of $891,000,000 higher by 23.41% from the same period last year, which beat the estimate of $840,510,000.
Guidance
Tronox Sees Q2 Adj. EBITDA $225M-$240M
Technicals
Company’s 52-week high was at $22.00
Company’s 52-week low was at $5.68
Price action over last quarter: Up 15.33%
Company Description
Tronox Holdings PLC mines, manufactures and sells titanium dioxide (TiO2) mineral sands and soda ash. The firm organizes itself into one reportable segment, TiO2. The TiO2 segment mines mineral sand deposits and products, TiO2 and titanium feedstock, which are used to produce primarily paints and coatings, as well as plastics, paper, and printing ink. Tronox has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.
