Benzinga | Apr 27, 2021 10:28AM EDT

A Preview Of Tronox Holdings's Earnings

On Wednesday, April 28, Tronox Holdings (NYSE:TROX) will release its latest earnings report. Benzinga's outlook for Tronox Holdings is included in the following report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Tronox Holdings reporting earnings of $0.28 per share on revenue of $840.51 million. Tronox Holdings earnings in the same period a year ago was $0.29 per share. Quarterly sales came in at $722.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 3.45% decline in the company's earnings. Sales would be have grown 16.41% from the same quarter last year. Tronox Holdings's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020EPS Estimate 0.20 0.05 -0.01 0.18EPS Actual 0.19 0.05 0.03 0.29Revenue Estimate 758.24 M 635.59 M 593.71 M 713.67 MRevenue Actual 783.00 M 675.00 M 578.00 M 722.00 M

Stock Performance

Shares of Tronox Holdings were trading at $21.51 as of April 26. Over the last 52-week period, shares are up 192.16%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Tronox Holdings is scheduled to hold the call at 08:00:00 ET and can be accessed here.