STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Tronox Holdings plc (TROX) on Wednesday reported a loss of $103 million in its first quarter.
On a per-share basis, the Stamford, Connecticut-based company said it had a loss of 65 cents. Losses, adjusted for restructuring costs and non-recurring costs, were 55 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 49 cents per share.
The producer of titanium ore and titanium dioxide posted revenue of $760 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $758.5 million.
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