STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Tronox Holdings plc (TROX) on Wednesday reported a loss of $30 million in its fourth quarter.
The Stamford, Connecticut-based company said it had a loss of 19 cents per share. Earnings, adjusted for non-recurring costs, were 3 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The producer of titanium ore and titanium dioxide posted revenue of $676 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $685.5 million.
For the year, the company reported a loss of $48 million, or 31 cents per share. Revenue was reported as $3.07 billion.
Tronox expects full-year revenue in the range of $3 billion to $3.4 billion.
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