Overview

* Tronox ( TROX ) Q2 revenue falls 11% yr/yr, missing analyst expectations, per LSEG data

* Adjusted EPS for Q2 misses consensus, reflecting market challenges, per LSEG data

* Co reduces capital expenditures and dividend by 60% amid market downturn

Outlook

* Tronox ( TROX ) expects FY 2025 revenue of $3.0-$3.1 bln

* Company anticipates FY 2025 adjusted EBITDA of $410-$460 mln

* Tronox ( TROX ) sees FY 2025 free cash flow as a use of $100-$170 mln

* Company reduces capital expenditures to less than $330 mln

Result Drivers

* WEAKER DEMAND - Co says weaker demand across most end markets impacted Q2 results, per CEO John D. Romano

* MACROECONOMIC PRESSURES - Elevated interest rates and tariff-related uncertainties weighed on consumer spending and construction activity

* BRAZIL SALES IMPACT - Delays in Brazil's anti-dumping investigation affected sales, though early momentum seen in India

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $731 mln $781 mln

Revenue (8

Analysts

)

Q2 Miss -$0.28 -$0.05

Adjusted (9

EPS Analysts

)

Q2 EPS $0.53

Q2 Net -$85 mln

Income

Q2 Miss $93 mln $109.10

Adjusted mln (7

EBITDA Analysts

)

Q2 12.7%

Adjusted

EBITDA

Margin

Q2 -$35 mln

Income

From

Operatio

ns

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the specialty chemicals peer group is "buy"

* Wall Street's median 12-month price target for Tronox Holdings PLC ( TROX ) is $7.50, about 26.4% above its July 29 closing price of $5.52

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(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.)