26.02.2015 04:26:18
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Tronox Q4 Loss Widens - Quick Facts
(RTTNews) - Tronox Limited (TROX) reported that its fourth quarter 2014 net loss attributable to the company widened to $276 million or $2.40 per share from $7 million or $0.06 per share in the same quarter last year.
Adjusted net loss attributable to the company was $23 million, or $0.20 per share, versus an adjusted net loss of $48 million, or $0.42 per share, in the year-ago quarter.
Quarterly revenue dropped to $400 million from $436 million in the fourth quarter 2013. Excluding external CP titanium slag sales of $24 million in the prior-year quarter to reflect withdrawal from the external CP titanium slag market in the second half 2014, revenue of $400 million compares to $412 million in the prior-year quarter, down 3 percent.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.22 per share and revenues of $ million. Analysts' estimates typically exclude special items.
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