Overview
* NL Industries ( NL ) reports Q3 net loss of $7.8 mln, down from $36 mln profit in 2024
* CompX Q3 sales rise to $40 mln, driven by security and marine components
* Kronos Q3 sales fall 6% due to lower TiO2 prices and volumes
Outlook
* Company did not provide specific guidance for future quarters or full year in its press release
Result Drivers
* COMPX SALES GROWTH - Higher sales in security products and marine components drove CompX's Q3 performance
* KRONOS SALES DECLINE - Kronos' Q3 sales fell due to lower TiO2 prices and volumes, especially in Europe and export markets
* UNREALIZED LOSSES - NL's Q3 results include unrealized losses in marketable securities, impacting net income
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales $40 mln
Q3 Net -$7.80
Income mln
Q3 Gross 11.00%
Margin
Q3 $1.80
Operatin mln
g Income
Q3 -$8.20
Pretax mln
Profit
Analyst Coverage
* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)