What To Expect From Tronox Holdings PLC (TROX) Q3 2024 Earnings

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Oct 23, 2024
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Tronox Holdings PLC (TROX, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $790.66 million, and the earnings are expected to come in at $0.12 per share. The full year 2024's revenue is expected to be $3.16 billion and the earnings are expected to be $0.35 per share. More detailed estimate data can be found on the Forecast page.

Tronox Holdings PLC (TROX, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Tronox Holdings PLC (TROX) have declined for the full year 2024 from $3.17 billion to $3.16 billion, and for 2025 from $3.39 billion to $3.34 billion. Similarly, earnings estimates have been revised downwards from $0.56 per share to $0.35 per share for the full year 2024, and from $1.37 per share to $1.30 per share for 2025.

Tronox Holdings PLC (TROX, Financial) Reported History

In the previous quarter of 2024-06-30, Tronox Holdings PLC's (TROX) actual revenue was $820 million, which missed analysts' revenue expectations of $847.93 million by -3.29%. Tronox Holdings PLC's (TROX) actual earnings were $0.10 per share, which missed analysts' earnings expectations of $0.195 per share by -48.72%. After releasing the results, Tronox Holdings PLC (TROX) was down by -3.22% in one day.

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Tronox Holdings PLC (TROX, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 9 analysts, the average target price for Tronox Holdings PLC (TROX) is $19.22 with a high estimate of $25 and a low estimate of $16. The average target implies an upside of 43.24% from the current price of $13.42.

Based on GuruFocus estimates, the estimated GF Value for Tronox Holdings PLC (TROX, Financial) in one year is $15.1, suggesting an upside of 12.52% from the current price of $13.42.

Based on the consensus recommendation from 10 brokerage firms, Tronox Holdings PLC's (TROX, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.