Kronos Worldwide Inc (KRO) saw its stock price surge 5.99% in pre-market trading on Thursday, following the release of its first-quarter earnings report for 2025. The chemical company demonstrated significant improvement in its financial performance, potentially reversing its recent downward trend.
Kronos reported adjusted earnings of $0.16 per share for the quarter ended March 31, more than doubling from $0.07 per share in the same period last year. While this fell slightly short of the $0.17 per share expected by analysts, it marks a substantial year-over-year improvement. Revenue for the quarter rose 2.3% to $489.80 million, although it came in below the analyst consensus of $501.38 million. The company posted a quarterly net income of $18.1 million, signaling a return to profitability.
This positive earnings report comes as a welcome change for Kronos investors, as the stock had fallen 23.6% year-to-date prior to this announcement. Despite the earnings beat, analyst opinions remain mixed, with the current average rating on the shares being "hold". Wall Street's median 12-month price target for Kronos stands at $10.00. As the market digests these results, investors will be watching closely to see if this pre-market surge translates into sustained momentum for the chemical manufacturer.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.