Venator Materials: Q2 Earnings Insights

Shares of Venator Materials VNTR fell 0.6% after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 123.08% over the past year to ($0.03), which beat the estimate of ($0.08).

Revenue of $456,000,000 declined by 21.11% from the same period last year, which beat the estimate of $445,180,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 04, 2020

Time: 08:00 AM

ET Webcast URL: https://services.choruscall.com/links/vntr200804QTaIE5fQ.html

Technicals

52-week high: $4.31

Company's 52-week low was at $1.12

Price action over last quarter: Up 43.31%

Company Description

Venator Materials PLC is a global manufacturer and marketer of chemical products. Its products comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption. The company market its products globally to a diversified group of industrial customers through two segments, Titanium Dioxide, which consists of its TiO2 business, and Performance Additives, which consists of functional additives, color pigments, timber treatment and water treatment businesses. It derives a majority of the revenue from the Titanium Dioxide segment. The company's key product lines include TiO2, color pigments, functional additives, timber treatment and water treatment products.