Tronox Ltd (TROX) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Tronox Ltd (TROX) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $-0.43 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $-0.41. The company posted revenue of $537.00 million in the period, compared to analysts expectations of $531.45 million. The company’s revenue was down -13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.70 EPS.

Tronox Ltd closed down -0.11 points or -1.76% at $6.13 with 4,74,243 shares getting traded on Tusday. Post opening the session at $6.27, the shares hit an intraday low of $6.1 and an intraday high of $6.48 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on May 12, 2016, Niekerk Willem Hendrik Van (SVP, SP & BD) purchased 2,000 shares at $5.11 per share price. According to the SEC, on Feb 26, 2016, Jean Francois Turgeon (Executive Vice President) purchased 7,500 shares at $4.08 per share price. On Aug 10, 2015, Edward T Flynn (Executive Vice President) purchased 9,086 shares at $11.02 per share price, according to the Form-4 filing with the securities and exchange commission.

Tronox Ltd

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