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TiO2 price pressure remains a headwind for Kronos Worldwide as lower selling prices offset volume gains and cost savings.
KRO and TROX are seeing stronger TiO2 volumes and pricing, but weak demand, costs, leverage and market dynamics shape the outlook.
Kronos Worldwide's Q2 earnings beat estimates as higher TiO2 volumes and lower costs offset weaker pricing, with 2026 margins expected to improve.
Kronos Worldwide Inc. (NYSE:KRO) shares are surging Thursday afternoon following the company's impressive second-quarter 2026 financial results.
Kronos Worldwide (KRO) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to a loss of $0.08 per share a year ago.
DALLAS, TEXAS, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable on September 17, 2026 to stockholders of record at the close of business on September 3, 2026.
DALLAS, TEXAS, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $15.2 million, or $.13 per share, in the second quarter of 2026 compared to a net loss of $9.2 million, or $.08 per share, in the second quarter of 2025. For the first six months of 2026, Kronos reported net income of $10.4 million, or $.09 per share, compared to net income of $8.9 million, or $.08 per share, in the first six months of 2025. Net income increased in the second quarter and first six months of 2026 compared to the prior year periods primarily due to higher sales volumes and lower production costs resulting from cost reduction initiatives implemented in the fourth quarter of 2025, as well as lower raw material costs (primarily feedstock costs) and lower unabsorbed fixed costs. These favorable factors were partially offset by lower average TiO2 selling prices. Comparability of our results was also impacted by the effects of changes in currency exchange rates.
KRO gains on healthy long-term TiO2 demand, higher sales volumes, and cost and pricing actions that could strengthen margins and support future growth.