Venator Materials: Q1 Earnings Insights

Shares of Venator Materials VNTR decreased 9.4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 90.91% year over year to $0.01, which missed the estimate of $0.03.

Revenue of $553,000,000 up by 3.95% year over year, which beat the estimate of $538,820,000.

Looking Ahead

Venator Materials hasn't issued any earnings guidance for the time being.

Venator Materials hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 06, 2021

Time: 08:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/vntr/mediaframe/44060/indexr.html

Technicals

Company's 52-week high was at $5.49

52-week low: $1.15

Price action over last quarter: Up 20.39%

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.