earnings
confidence high
sentiment positive
materiality 0.75
NL Industries Q3 net income $10.3M ($0.21/sh), up from $3.9M; Kronos equity earnings $10.9M
NL INDUSTRIES INC
2022-Q3 EPS reported
$0.74
revenue$106,733,000
- Q3 net income $10.3M ($0.21/sh) vs $3.9M ($0.08/sh) YoY; nine-month $36.3M ($0.74/sh) vs $10.4M ($0.21/sh).
- CompX Q3 net sales $34.5M (up 21% YoY); income from operations $5.1M vs $2.1M.
- Kronos contributed equity earnings of $10.9M in Q3 (vs $2.4M) on net sales $499.8M (+20% YoY) and operating income $57.3M (vs $19.3M).
- Unrealized loss on marketable securities (Valhi stock) of $1.2M in Q3 vs gain of $3.2M in Q3 2020.