Tronox (NYSE:TROX – Get Free Report) released its earnings results on Thursday. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.30), Briefing.com reports. The business had revenue of $804.00 million for the quarter, compared to analyst estimates of $790.63 million. Tronox had a negative return on equity of 3.40% and a negative net margin of 2.14%. Tronox’s revenue was up 21.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.08) EPS.
Tronox Stock Performance
Shares of Tronox stock opened at $12.41 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.98 and a quick ratio of 1.08. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of -5.57, a price-to-earnings-growth ratio of 28.15 and a beta of 1.64. Tronox has a one year low of $10.08 and a one year high of $20.70. The stock’s 50-day moving average is $13.50 and its 200-day moving average is $15.89.
Tronox Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, August 26th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Monday, August 26th. Tronox’s dividend payout ratio is -22.42%.
Analyst Upgrades and Downgrades
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About Tronox
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.
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