Kronos Worldwide reports Q1 EPS (4c), consensus (12c)

Reports Q1 revenue $509.8M, consensus $505M. Q1 net loss includes an income tax expense of $2.0M, or 2c per share, to recognize an uncertain tax position related to a German tax audit. “The fourth quarter of 2025 reflected the difficult actions we took to structurally realign our operations, which contributed to a segment loss of $59.4M and negative EBITDA in that period,” said Brian Christian, CEO. “Those actions, together with several other strategic initiatives, were designed to permanently improve our cost structure, and we are encouraged by the $74.5M sequential improvement in segment profit in the first quarter as these actions begin to benefit our results. We remain focused on executing our pricing and cost initiatives to drive further improvement.”