Venator Materials (VNTR) Q1 Earnings, Sales Top Estimates
Zacks Investment Research | May 16, 2019 07:18AM ET
Venator Materials PLC (NYSE:VNTR) swung to a loss of $3 million or 3 cents per share in the first quarter of 2019, from a profit of $78 million or 73 cents a year ago.
Adjusted earnings per share for the quarter were 13 cents, beating the Zacks Consensus Estimate of 10 cents.
Revenues fell around 10% year over year to $562 million in the reported quarter. The company saw lower sales across its segments. It faced a challenging titanium dioxide (TiO2) industry environment in the quarter. Sales, however, surpassed the Zacks Consensus Estimate of $517 million.
Venator Materials PLC Price, Consensus and EPS Surprise
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