The earnings call reflects a mixed sentiment with notable achievements in TiO2 demand growth and a strong cost improvement plan. However, these are balanced by significant challenges including a net loss, decline in zircon revenues, and high production costs. The company's strategic actions and cost reductions are promising, but the financial setbacks and market challenges temper the overall outlook.

Company Guidance -

Q3 2025

In the Q1 2025 earnings call, Tronox Holdings plc provided guidance on various metrics, indicating a mixed financial performance with strategic actions to mitigate challenges. The company reported a 9% sequential increase in revenue to $738 million, driven by a 12% uplift in TiO2 volumes, particularly in Europe due to antidumping duties. However, they faced a $61 million loss from operations and a net loss of $111 million, including $87 million in restructuring charges mainly from idling the Botlek plant. Adjusted EBITDA was $112 million, with a margin of 15.2%. Despite these hurdles, Tronox maintained its full-year guidance, projecting revenue between $3 billion and $3.4 billion and adjusted EBITDA in the range of $525 million to $625 million. They anticipate stronger performance in the second half of the year, with operational efficiencies and strategic measures expected to yield $125 million to $175 million in cost improvements by 2026. Additionally, the company targets a free cash flow of at least $50 million for 2025, supported by reduced capital expenditures and effective working capital management.

Stronger Than Normal TiO2 Demand

The company realized a 12% increase in TiO2 volumes from Q4 2024 to Q1 2025, with Europe leading sequential growth due to antidumping duties.

Sequential Revenue Growth

Revenue increased by 9% sequentially to $738 million, primarily driven by higher TiO2 sales volumes.

Cost Improvement Program

The company expects to deliver $125 million to $175 million in sustainable run rate cost improvements by the end of 2026, with a focus on operational excellence and technology.

Progress on Mining Projects

The expansion at Fairbreeze and East OFS is expected to be completed in 2025, with the commissioning of Fairbreeze in July and East OFS in November leading to cost improvements from 2026 onward.

TRONOX (TROX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TROX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	-0.04 / -	-0.13	―	―	―
Jul 30, 2025	2025 (Q2)	-0.05 / -0.28	0.07	-500.00% (-0.35)
Apr 30, 2025	2025 (Q1)	<0.01 / -0.15	-0.05	-200.00% (-0.10)
Feb 12, 2025	2024 (Q4)	0.04 / 0.03	-0.38	107.89% (+0.41)
Oct 24, 2024	2024 (Q3)	0.17 / -0.13	-0.08	-62.50% (-0.05)
Aug 01, 2024	2024 (Q2)	0.18 / 0.07	0.16	-56.25% (-0.09)
May 01, 2024	2024 (Q1)	<0.01 / -0.05	0.15	-133.33% (-0.20)
Feb 15, 2024	2023 (Q4)	-0.02 / -0.38	-0.17	-123.53% (-0.21)
Oct 25, 2023	2023 (Q3)	0.03 / -0.08	0.69	-111.59% (-0.77)
Jul 26, 2023	2023 (Q2)	0.27 / 0.16	0.84	-80.95% (-0.68)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TROX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$5.14	$3.19	-37.94%
Apr 30, 2025	$5.28	$5.36	+1.52%
Feb 12, 2025	$9.45	$8.41	-11.01%
Oct 24, 2024	$12.79	$11.81	-7.66%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does TRONOX Ltd (TROX) report earnings?

TRONOX Ltd (TROX) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is TRONOX Ltd (TROX) earnings time?

TRONOX Ltd (TROX) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TROX EPS forecast?

TROX EPS forecast for the fiscal quarter 2025 (Q3) is -0.04.

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