WYNYARD PARK STOCKTON-ON-TEES, Britain (AP) — WYNYARD PARK STOCKTON-ON-TEES, Britain (AP) — Venator Materials PLC (VNTR) on Tuesday reported a loss of $228 million in its fourth quarter.
On a per-share basis, the Wynyard park stockton-On-Tees, Britain-based company said it had a loss of $2.11. Losses, adjusted for non-recurring costs, were 20 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The chemical company posted revenue of $366 million in the period.
For the year, the company reported a loss of $188 million, or $1.74 per share. Revenue was reported as $2.17 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VNTR at https://www.zacks.com/ap/VNTR
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
