Kronos Worldwide (NYSE: KRO) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Kronos Worldwide met expectations on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share improved significantly.

Margins improved across the board.

Revenue details
Kronos Worldwide booked revenue of $561.3 million. The four analysts polled by S&P Capital IQ predicted sales of $556.3 million on the same basis. GAAP reported sales were 34% higher than the prior-year quarter's $420.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.18. The four earnings estimates compiled by S&P Capital IQ predicted $0.74 per share. GAAP EPS of $1.18 for Q1 were 127% higher than the prior-year quarter's $0.52 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 46.6%, 1,180 basis points better than the prior-year quarter. Operating margin was 37.3%, 1,330 basis points better than the prior-year quarter. Net margin was 24.4%, 1,010 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $718.3 million. On the bottom line, the average EPS estimate is $0.66.

Next year's average estimate for revenue is $2.58 billion. The average EPS estimate is $3.02.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 142 members rating the stock outperform and 16 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Kronos Worldwide a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kronos Worldwide is outperform, with an average price target of $27.67.

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