에 대한 최신 뉴스 Kronos Worldwide (NYSE:KRO) 주식

Kronos Worldwide

Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in various products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.

Kronos Worldwide Inc

KR1 PLC

Kromatika

Kronos Bio Inc

Global X AgTech & Food Innovation ETF

Keros Therapeutics Inc

Barclays analyst Michael Leithead maintains Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) with a Underweight and lowers the price target from $10 to $7.

News

Price Target

Analyst Ratings

Barclays Maintains Underweight on Kronos Worldwide, Lowers Price Target to $7

Goldman Sachs analyst Duffy Fischer maintains Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) with a Sell and lowers the price target from $11 to $8.5.

Goldman Sachs Maintains Sell on Kronos Worldwide, Lowers Price Target to $8.5

Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.14 by 14.29 percent. This is a 128.57 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $489.80 million which missed the analyst consensus estimate of $501.38 million by 2.31 percent. This is a 2.30 percent increase over sales of $478.80 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Kronos Worldwide Q1 EPS $0.16 Beats $0.14 Estimate, Sales $489.80M Miss $501.38M Estimate

ACAD

ACDC

ACRE

ACVA

ADMA

ADNT

ADTN

AIRG

ALNT

ALTG

ALTO

ALVO

AMPH

AMPL

AMRK

AMRN

AOSL

APLS

ARIS

ARMN

ASLE

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

AVDX

AXON

AXTA

AZTA

BAND

BBDO

BBGI

BBSI

BGSF

Brighthouse Financial, Inc. - Common Stock

BLBD

BLMN

BLZE

BMBL

BRKR

BROS

BTMD

BXSL

BYND

CAPL

CCSI

CDLX

CENT

CENTA

CENX

CEVA

CIVI

CMTG

CNDT

COHR

Core Scientific, Inc. - Class A Common Stock

CORZ

CPRX

CRNC

CRNT

CSGS

CSTE

CTVA

CVNA

CYRX

Earnings Scheduled For May 7, 2025

WIIM

Kronos Worldwide shares are trading lower after the company reported worse-than-expected Q4 financial results.

Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $0.11 by 209.09 percent. This is a 140 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $423.100 million which missed the analyst consensus estimate of $494.264 million by 14.40 percent. This is a 5.75 percent increase over sales of $400.100 million the same period last year.

Kronos Worldwide Q4 2024 GAAP EPS $(0.12) Misses $0.11 Estimate, Sales $423.100M Miss $494.264M Estimate

Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) reported quarterly sales of $484.70 million which missed the analyst consensus estimate of $569.54 million by 14.90 percent. This is a 22.12 percent increase over sales of $396.90 million the same period last year.

Kronos Worldwide Q3 Sales $484.70M Miss $569.54M Estimate

Barclays analyst Michael Leithead maintains Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) with a Underweight and raises the price target from $9 to $10.

Barclays Maintains Underweight on Kronos Worldwide, Raises Price Target to $10

Kronos Worldwide, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kro#NYSE">KRO</a>) is expected to benefit from higher demand for titanium dioxide (TiO2) and easing pricing pressure this year. Cost-reduction initiatives are also expected to support margins.
We are positive about KRO&#39;s prospects and believe that the time is right for you to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead.
Let&#39;s take a look into the factors that make this Zacks Rank #2 (Buy) stock a compelling choice for investors right now.
<h2>Kronos Worldwide&#39;s Stock Outperforms Industry</h2>
KRO has outperformed the industry it belongs to over the past year. The company&#39;s shares have rallied 32.8% compared with a 9.6% decline of the industry.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/6e/77269.jpg?v=1616124123" />
Image Source: Zacks Investment Research
<h2>Solid Earnings Growth Prospects for KRO</h2>
The Zacks Consensus Estimate for earnings for 2024 for Kronos Worldwide is currently pegged at 88 cents, reflecting an expected year-over-year growth of 304.7%. Earnings are also expected to register a 288.9% growth in third-quarter 2024.
<h2>KRO&#39;s Earnings Estimates Northbound</h2>
Earnings estimates for KRO have been going up over the past 60 days. The Zacks Consensus Estimate for 2024 has increased by 3.5%. The consensus estimate for the third quarter has also been revised 9.7% upward over the same time frame. The favorable estimate revisions instill investor confidence in the stock.
<h2>Higher TiO2 Demand, Cost Actions Aid Kronos Worldwide</h2>
Kronos is well-positioned to gain from higher demand for TiO2 in major markets. Per the company, TiO2 consumption has increased at a compound annual growth rate of around 2% since 2000. Western Europe and North America account for roughly 14% and 15% of global TiO2 consumption, respectively. These regions are expected to continue to be the biggest consumers of TiO2. Markets for TiO2 are growing in South America, Eastern Europe, the Asia Pacific region and China.
The company expects sales volumes in 2024 to exceed 2023 levels factoring in the recently experienced improved demand and expectations that demand will continue to improve this year.
Kronos Worldwide is also taking actions to reduce costs and align production and inventories to expected demand levels, which are expected to support its margins. It has increased its production rates in sync with current and expected near-term demand improvement. It expects its production rates for the balance of 2024 to be higher than the level witnessed in 2023.
The company&#39;s internal cost initiatives are also expected to continue to support margins in 2024. Reduced energy costs along with its cost-cutting initiatives and the realization of selling price increases are likely to result in improved margins on a year-over-year basis this year. The company has undertaken TiO2 selling price hikes, which need to be sustained to attain margins in line with historical levels. KRO expects to report higher operating results on a year-over-year basis for full-year 2024 based on the expected improved demand, higher selling prices and reduced production costs.
<div class="chart_embed">
<h3>Kronos Worldwide Inc Price and Consensus</h3>
<img alt="Kronos Worldwide Inc Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/76/1726047534.png" style="height:265px; width:580px" title="" />
Kronos Worldwide Inc price-consensus-chart | Kronos Worldwide Inc Quote
</div>
<h2>Stocks to Consider</h2>
Other top-ranked stocks in the Basic Materials space are, Hawkins, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hwkn#NASDAQ">HWKN</a>), IAMGOLD Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iag#NYSE">IAG</a>) and Eldorado Gold Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ego#NYSE">EGO</a>), each sporting a Zacks Rank #1 (Strong Buy).
The Zacks Consensus Estimate for Hawkins&#39; current fiscal-year earnings is pegged at $4.14, indicating a rise of 15.3% from year-ago levels. The Zacks Consensus Estimate for HWKN&#39;s current fiscal-year earnings has increased 12.8% in the past 60 days. The stock has rallied around 103% in the past year.
The consensus estimate for IAMGOLD&#39;s current-year earnings has increased by 46.4% in the past 60 days. IAG beat the consensus estimate in each of the last four quarters with the average surprise being 200%. Its shares have shot up 111% in the past year.
The Zacks Consensus Estimate for Eldorado Gold&#39;s current year earnings is pegged at $1.35 per share, indicating a year-over-year rise of 136.8%. EGO beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 430.3%. The company&#39;s shares have rallied roughly 69% in the past year.
<a href="https://www.zacks.com/stock/news/2334557/here-s-why-you-should-buy-kronos-worldwide-stock-right-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2334557">To read this article on Zacks.com click here.</a>

Mid Cap

Penny Stocks

Small Cap

Markets

Trading Ideas

HWKN

Here's Why You Should Buy Kronos Worldwide Stock Right Now

Kronos Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.15 by 13.33 percent. The company reported quarterly sales of $500.50 million which missed the analyst consensus estimate of $543.12 million by 7.85 percent. This is a 12.93 percent increase over sales of $443.20 million the same period last year.

Kronos Worldwide Q2 2024 Adj EPS $0.17 Beats $0.15 Estimate, Sales $500.50M Miss $543.12M Estimate

Kronos Worldwide (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kro#NYSE">KRO</a>) has been beaten down lately with too much selling pressure. While the stock has lost 19.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.
<h2>How to Determine if a Stock is Oversold</h2>
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock&#39;s price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
<h2>Why KRO Could Bounce Back Before Long</h2>
The RSI reading of 29.59 for KRO is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.
<img alt="3-month RSI Chart for KRO" class="chart" src="https://staticx-tuner.zacks.com/images/articles/charts/yseop/544/KRO_RCI14.jpeg" style="height:auto; width:100%" title="" />
The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for KRO has increased 13.4%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, KRO currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock&#39;s potential turnaround in the near term.
<a href="https://www.zacks.com/stock/news/2316896/kronos-worldwide-kro-loses-19-23-in-4-weeks-here-s-why-a-trend-reversal-may-be-around-the-corner?cid=CS-BENZ-FT-tale_of_the_tape|rsi-2316896">To read this article on Zacks.com click here.</a>

Technicals

Kronos Worldwide Loses -19.23% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) logged a profit of $183 million or 72 cents per share for second-quarter 2024, down from a profit of $477 million or $1.89 per share in the year-ago quarter.
Barring one-time items, adjusted earnings per share were 84 cents, down from $1.92 a year ago. The figure, however, topped the Zacks Consensus Estimate of 76 cents.
Revenues fell around 18% year over year to $4,118 million in the reported quarter. The figure, however, surpassed the Zacks Consensus Estimate of $3,998.2 million.
The company reported a total shipment of 3,591,000 tons for the reported quarter, down around 9% year over year. It was below our estimate of 3,744,000 tons. The company faced pricing headwinds across its segments during the reported quarter.
<div class="chart_embed">
<h3>United States Steel Corporation Price, Consensus and EPS Surprise</h3>
<img alt="United States Steel Corporation Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/ea/1722591063.png" style="height:265px; width:576px" title="" />
United States Steel Corporation price-consensus-eps-surprise-chart | United States Steel Corporation Quote
</div>
<h3>Segment Highlights</h3>
Flat-Rolled: The segment recorded a profit of $183 million in the reported quarter, down around 21% from the year-ago quarter.
Steel shipments in the segment went down roughly 9% year over year to 2,045,000 tons. The average realized price per ton in the unit was $1,051, down around 3% year over year. It was below our estimate of $1,056.
Mini Mill: The segment recorded a profit of $28 million in the quarter, down around 79% year over year. Shipments were 562,000 tons, down around 4% year over year. The average realized price per ton was $869, down around 14% year over year. It was above our estimate of $798.
U.S. Steel Europe: The segment posted a loss of $10 million in the reported quarter. This compares to a profit of $72 million a year ago. Shipments fell roughly 15% year over year to 875,000 tons. The average realized price per ton for the unit was $821, down around 15% year over year. It was below our estimate of $829.
Tubular:&nbsp; The segment posted a profit of $29 million in the reported quarter, down roughly 82% year over year. Shipments fell roughly 2% to 109,000 tons. The average realized price per ton for the unit was $2,108, down nearly 40% year over year. It was above our estimate of $2,004.
<h3>Financials</h3>
At the end of the quarter, the company&#39;s cash and cash equivalents were $2,031 million, down around 9% from the previous quarter&#39;s levels. Long-term debt was $4,078 million, flat sequentially.
<h3>Outlook</h3>
Moving ahead, X expects adjusted EBITDA for the third quarter in the band of $275-$325 million factoring in recent pricing dynamics, which continues to impact its business. It expects the results in the North American Flat-Rolled segment to soften modestly as reduced spot prices more than offset continued strength in contract order book and lower spending. In the Mini Mill segment, X sees results to reflect lower spot prices and $30 million of associated start-up and one-time construction costs ahead of the planned start-up of Big River 2 in the fourth quarter.
The results in the Europe unit are forecast to be consistent with the second quarter as lower selling prices are largely offset by reduced raw material costs. The company expects lower results in the Tubular segment in the third quarter due to reduced selling prices.
Moreover, U.S. Steel continues to progress toward completing the transaction with Nippon Steel Corporation later this year.
<h3>Price Performance</h3>
The company&#39;s shares have rallied 67.6% in the past year compared with the industry&#39;s 12.6% decline.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/51/73182.jpg?v=823218616" />
Image Source: Zacks Investment Research
<h3>Zacks Rank &amp; Key Picks</h3>
X currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the Basic Materials space are Kronos Worldwide, Inc.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kro#NYSE">KRO</a>), Ashland Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ash#NYSE">ASH</a>) and Hecla Mining Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hl#NYSE">HL</a>), each sporting a Zacks Rank #1 (Strong Buy).
Kronos is expected to report second-quarter results on Aug 7. The Zacks Consensus Estimate for KRO&#39;s second-quarter earnings is pegged at 21 cents. The company&#39;s shares have rallied roughly 33% in the past year.&nbsp;
Ashland is slated to report fiscal third-quarter results on Aug 6. The Zacks Consensus Estimate for ASH&#39;s third-quarter earnings is pegged at $1.47. The company&#39;s shares have gained roughly 7% in the past year.&nbsp;
Hecla is slated to report second-quarter results on Aug 6. The Zacks Consensus Estimate for Hecla&#39;s second-quarter earnings is pegged at a penny per share. The stock has gained nearly 2% in the past year.
<a href="https://www.zacks.com/stock/news/2315087/u-s-steel-s-x-earnings-and-revenues-surpass-estimates-in-q2?cid=CS-BENZ-FT-analyst_blog|earnings_article-2315087">To read this article on Zacks.com click here.</a>

U.S. Steel's Earnings and Revenues Surpass Estimates in Q2

Kronos Worldwide, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRO#NYSE">KRO</a>) (the &quot;Company&quot;) announced today that it is seeking to raise debt capital through a private offering of &euro;75 million aggregate principal amount of additional&nbsp;9.50%&nbsp;Senior Secured Notes due 2029 (the &quot;Notes&quot;) by its wholly-owned subsidiary, Kronos International, Inc. (&quot;KII&quot;). The Notes are being offered as additional notes to the existing &euro;276,174,000 aggregate principal amount of&nbsp;9.50%&nbsp;Senior Secured Notes due 2029 that KII issued on February 12, 2024 (the &quot;Existing Notes&quot;). Other than with respect to the date of issuance and issue price, the Notes will have the same terms as the Existing Notes. The Notes will be maintained under the same ISIN and Common Code numbers as the Existing Notes, except that the Notes issued pursuant to Regulation&nbsp;S under the U.S. Securities Act of 1933, as amended (the &quot;Securities Act&quot;), will trade separately under different ISIN and Common Code numbers until 40 days after the issue date of the Notes, but thereafter, the Notes issued pursuant to Regulation&nbsp;S will be maintained under the same ISIN and Common Code numbers as the Existing Notes issued pursuant to Regulation S.

Offerings

Kronos Worldwide Seeks to Raise €75M Through Additional Senior Secured Notes

Kronos Worldwide shares are trading lower after the company issued weak Q2 guidance.

Kronos Worldwide Shares Resume Trade

Guidance

Kronos Worldwide Expects To Report Net Sales For Q2 Of 2024 In Range Of $495M-$510M Vs $568.02M Est.; Throughout 2023, Kronos Implemented Cost Reduction Initiatives Designed To Improve Its Long-Term Cost Structure; Expects Sales Volumes In 2024 To Exceed 2023 Sales Volumes; Expects To Recognize Non-Cash Charges About $10M In Q2 And About $5M In Q3; Expects Sales Volumes In 2024 To Exceed 2023 Sales Volumes

&nbsp; &nbsp; &nbsp; &nbsp; Effective July 16, 2024, Kronos Worldwide, Inc. ("Kronos") has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC") previously held by Venator Investments, Ltd. Prior to the acquisition, Kronos, through a wholly-owned subsidiary, held a 50% joint venture interest in LPC. Following the acquisition, LPC is an indirect, wholly-owned subsidiary of Kronos. Kronos acquired the 50% joint venture interest that it did not already own for an upfront cash payment of $185 million (subject to working capital adjustments) and a potential earn-out payment of up to $15 million based on Kronos' aggregate consolidated net income before interest expense, income taxes and depreciation and amortization expense, or EBITDA, during a two-year period comprising calendar years 2025 and 2026.
In connection with its acquisition of the 50% joint venture interest and to support Kronos' general liquidity needs, Kronos has also completed an amendment to its $225 million global revolving credit facility with Wells Fargo. Among other things, the amendment increases the maximum borrowing amount from $225 million to $300 million, extends the maturity date to 2029 and expands the facility to include LPC and LPC's receivables and certain of its inventories in the borrowing base.&nbsp;&nbsp;
Kronos' board of directors has declared a quarterly dividend of five cents ($0.05) per share on its common stock, a decrease of fourteen cents ($0.14) per share as compared to the second quarter of 2024, payable on September 19, 2024, to stockholders of record at the close of business on September 6, 2024.&nbsp;&nbsp; Commenting on the dividend Mr. Buch said, "The reduced dividend rate will allow Kronos to focus on maintaining a strong balance sheet while continuing to evaluate strategic investment opportunities. In addition to strengthening liquidity and providing the flexibility to absorb increased debt service costs, working capital needs and capital improvements from the acquisition of the 50% interest in the LPC joint venture, the new dividend rate will give Kronos an opportunity to focus on reducing leverage. Going forward we will continue to evaluate the appropriateness of the dividend based on progress towards these priorities, results of operations and other relevant factors."

Dividends

Financing

Kronos Worldwide Acquires 50% Joint Venture Interest In Louisiana Pigment Company For An Upfront Cash Payment Of $185M; Amends $225M Revolving Credit Facility; Decreases Quarterly Dividend From $0.19 To $0.05 Per Share

Kronos Worldwide Shares Halted, News Pending

DuPont de Nemours Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dd#NYSE">DD</a>) announced that its Tyvek production facility at the Spruance manufacturing plant in Richmond has achieved certification from the International Sustainability and Carbon Certification (ISCC PLUS).
The Spruance site is the second DuPont location to obtain ISCC certification, following the Luxembourg manufacturing plant in November 2023. This achievement illustrates DuPont&#39;s commitment to advancing its sustainability goals and developing capabilities to deliver Tyvek products derived from sustainable raw materials globally.
Completing the ISCC PLUS certification of global Tyvek product capabilities is a significant step toward improving the company&#39;s climate and circular economy sustainability objectives. ISCC PLUS certification verifies a product&#39;s sustainability across the whole supply chain, from raw material sourcing to manufacture and distribution, employing the mass balance approach in a robust, transparent and credible manner.
One of the primary aspects of ISCC PLUS certification is that it enables the decrease of product carbon footprint and the gradual substitution of fossil fuel-based raw materials with more sustainable alternatives, all while fostering the transition to a more circular economy.
Tyvek products safeguard and improve the lives of millions of people in the end markets that the company serves, which include healthcare packaging, personal protection, construction and a wide range of consumer and industrial uses. DuPont&#39;s global integration of ISCC PLUS certification into Tyvek production coincides with the company&#39;s commitment to empowering clients on their road to net zero emissions.
Shares of DuPont have gained 10.1% over the past year against a 10.3% decline of its industry.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/56/70856.jpg?v=1221383548" />
Image Source: Zacks Investment Research
DuPont, on its first-quarter call, revised its financial outlook for 2024, increasing its projections for net sales, operating EBITDA and adjusted EPS. The company anticipates full-year 2024 net sales to be approximately $12.25 billion, operating EBITDA to be about $2.975 billion and adjusted EPS to be around $3.60 per share, based on the mid-point of the updated guidance.
For the second quarter of 2024, DuPont expects a sequential improvement in sales and earnings, attributed to favorable seasonal factors, continued recovery in the electronics sector and a decline in channel inventory destocking across industrial-based end-markets such as water and medical packaging.
For the second half of 2024, the company expects year-over-year sales and earnings growth, driven by ongoing recovery in the electronics market and a return to volume growth in the Water &amp; Protection segment.
<h3>Zacks Rank &amp; Key Picks</h3>
DD currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the basic materials space include Carpenter Technology Corporation, Ecolab Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ecl#NYSE">ECL</a>) and Kronos Worldwide, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kro#NYSE">KRO</a>).
Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.1%. The company&#39;s shares have soared 94.2% in the past year.
The Zacks Consensus Estimate for Ecolab&#39;s current-year earnings is pegged at $6.59 per share, indicating a year-over-year rise of 26.5%. ECL, a Zacks Rank #2 (Buy) stock, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 1.3%. The company&#39;s shares have rallied roughly 31.9% in the past year.
Kronos Worldwide currently carries a Zacks Rank #2. KRO has a projected earnings growth rate of 297.7% for the current year. The company&#39;s shares have rallied around 37.3% in the past year.
<a href="https://www.zacks.com/stock/news/2298992/dupont-dd-tyvek-richmond-facility-gets-iscc-certification?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2298992">To read this article on Zacks.com click here.</a>

DuPont Tyvek Richmond Facility Gets ISCC+ Certification

Yara International ASA&#39;s (OTC: <a class="ticker" href="https://www.benzinga.com/stock/yariy#OTC">YARIY</a>) division Yara Clean Ammonia, Scatec ASA and its partners Egyptian Petrochemicals Holding Company (&quot;ECHEM&quot;) and Misr Fertilizers Production Company (&quot;MOPCO&quot;) have reached a deal on the terms of renewable ammonia offtake from Egypt. Scatec, ECHEM and MOPCO signed a joint development and shareholder agreement last year to produce renewable ammonia.
The sponsors will design and build up to 480 MW of renewable energy, as well as a 240 MW electrolyzer facility for producing renewable hydrogen, which will be utilized as feedstock for MOPCO&#39;s existing ammonia production facility in Damietta, Egypt. The target production capacity is up to 150,000 tons of renewable ammonia per year. Scatec also signed a letter of intent with the European Investment Bank (&quot;EIB&quot;) to secure long-term funding for the project, demonstrating EIB&#39;s commitment to supporting renewable hydrogen and ammonia projects in Egypt.
This project will bolster Yara Clean Ammonia&#39;s renewable ammonia sourcing portfolio and demonstrate its position as the most desired off-taker as the world&#39;s leading ammonia trader and distributor. The renewable ammonia from this project will allow it to reliably serve its customers across several markets.
The green transition depends on enabling industry to use renewable energy, EIB noted. Accelerating renewable hydrogen generation in Egypt can boost business competitiveness and create prospects for exporting renewable hydrogen. EIB is looking forward to working with Scatec and project partners to unleash large-scale renewable hydrogen investment in Egypt.
Shares of Yara have lost 25.3% over the past year compared with a 23.9% decline of its industry.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/51/70717.jpg?v=811961674" />
Image Source: Zacks Investment Research
<h3>Zacks Rank &amp; Key Picks</h3>
Yara currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the basic materials space include Carpenter Technology Corporation, Ecolab Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ecl#NYSE">ECL</a>) and Kronos Worldwide, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kro#NYSE">KRO</a>).
Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.1%. The company&#39;s shares have soared 93.2% in the past year.
The Zacks Consensus Estimate for Ecolab&#39;s current-year earnings is pegged at $6.59 per share, indicating a year-over-year rise of 26.5%. ECL, a Zacks Rank #2 (Buy) stock, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 1.3%. The company&#39;s shares have rallied roughly 32.3% in the past year.
Kronos Worldwide currently carries a Zacks Rank #2. KRO has a projected earnings growth rate of 297.7% for the current year. The company&#39;s shares have rallied around 42% in the past year.
<a href="https://www.zacks.com/stock/news/2298333/yara-yariy-and-scatec-ink-renewable-ammonia-offtake-deal?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2298333">To read this article on Zacks.com click here.</a>

YARIY

Yara and Scatec Ink Renewable Ammonia Offtake Deal

Bonds

Press Releases

KRONOS WORLDWIDE, INC. ANNOUNCES PRIVATE OFFERING  OF AN ADDITIONAL €75 MILLION OF 9.50% SENIOR SECURED NOTES DUE 2029

KRONOS WORLDWIDE, INC. PRICES PRIVATE OFFERING  OF AN ADDITIONAL €75 MILLION OF 9.50% SENIOR SECURED NOTES DUE 2029

KRONOS WORLDWIDE, INC. REPORTS SECOND QUARTER 2024 RESULTS

KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND

KRONOS WORLDWIDE, INC. REPORTS THIRD QUARTER 2024 RESULTS

KRONOS WORLDWIDE, INC. REPORTS FOURTH QUARTER 2024 RESULTS

KRONOS WORLDWIDE, INC. ANNOUNCES  EXPECTED FIRST QUARTER 2025 EARNINGS RELEASE DATE

KRONOS WORLDWIDE, INC. REPORTS FIRST QUARTER 2025 RESULTS

Kronos Worldwide, Inc. Announces Quarterly Dividend and Results of Annual Stockholder Meeting

AdvanSix

Braskem

Bolt Projects Holdings, Inc. - Common Stock

Bolt Projects Holdings

Cabot

Core Molding Technologies Inc Common Stock

Core Molding Technologies

CN Energy Group Inc. - Class A Ordinary Shares

CN Energy Group

Gulf Resources

Hawkins

Koppers Holdings

Loop Industries

Mativ Holdings

Orion

Olin

Origin Materials, Inc. - Class A Common Stock

Origin Materials

PureCycle Technologies, Inc. - Common stock

PureCycle Technologies

Tronox Holdings

Trinseo

Westlake

Westlake Chemical Partners LP Common Units representing limited partner interests

Westlake Chemical

Barclays

Goldman Sachs

Deutsche Bank

Comments

Kronos Worldwide

뉴스

에 대한 최신 뉴스 Kronos Worldwide (NYSE:KRO) 주식

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌