earnings
confidence high
sentiment positive
materiality 0.75
Tronox beats Q1 2024 EBITDA guidance; revenue $774M, Adj. EBITDA $131M
Tronox Holdings plc
2024-Q1 EPS reported
-$0.06
revenue$774,000,000
- Revenue of $774M, up 9% YoY; net loss of $9M (preliminary).
- Adjusted EBITDA of $131M, exceeding guidance of $100-120M; margin ~17%.
- TiO2 volumes +18% sequentially; Zr volumes +54% sequentially.
- Adj. EBITDA above guidance due to stronger market recovery and cost improvements.
- Full Q1 results to be reported early May.