NL Industries reports Q4 net loss, partly hurt by US pension plan termination

Reuters
03/10
NL Industries reports Q4 net loss, partly hurt by US pension plan termination 

Overview

  • Component products and chemicals firm reported Q4 net loss of $31 mln

  • Q4 revenue decreased slightly yr/yr due to lower Security Products sales

  • CompX segment profit rose in Q4 due to higher Marine Components sales

Outlook

  • Company did not provide specific guidance for future quarters or years in the press release

Result Drivers

  • SECURITY PRODUCTS SALES - Decrease in Q4 net sales attributed to lower Security Products sales to healthcare market, partially offset by higher Marine Components sales

  • KRONOS LOSSES - Significant equity losses from Kronos due to lower TiO2 prices and reduced operating rates

  • PENSION PLAN TERMINATION - Q4 net loss includes $19.7 mln loss related to termination of U.S. pension plan

Company press release: ID:nGNXKZPQ7

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

$37.7 mln

Q4 EPS

-$0.63

Q4 Pretax Profit

-$45.5 mln

Analyst Coverage

  • The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10