Koppers Holdings beats Q2 sales estimates, cuts adjusted EPS outlook

Koppers Holdings

06/08/2026 13:08

Overview
Treated wood products provider's Q2 sales rose 3% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company posted net loss on $215.8 mln in impairment and restructuring costs

Outlook
Koppers now sees 2026 adjusted EBITDA of $240-$250 mln, down from $240-$260 mln prior
Company expects 2026 adjusted EPS of $3.80-$4.20, lowered from $3.80-$4.60 previously
Koppers expects challenging margin environment and input cost headwinds to persist through 2026

Result Drivers
PERFORMANCE CHEMICALS VOLUME - Higher sales volumes in Performance Chemicals, especially in the Americas, drove segment growth
UTILITY POLE VOLUMES - Increased domestic utility pole volumes, including from an acquisition, partly offset declines in RUPS sales
HIGHER RAW MATERIAL AND FREIGHT COSTS - Increased raw material, freight, and legal costs weighed on adjusted EBITDA

Company press release: ID:nPn9lfFfZa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$520.10 mln
$506.10 mln (4 Analysts)
Q2 Adjusted EPS
Beat
$1.37
$1.12 (4 Analysts)
Q2 Loss Per Share
 
$7.71
 
Q2 Net Loss
 
$147.50 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy."
Wall Street's median 12-month price target for Koppers Holdings Inc is $54.00, about 5.8% above its August 5 closing price of $51.03
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Aug 6 - Canada's Stella-Jones Inc Q2 sales rise on volume growth in wood utility poles
Aug 5 - Canada's Acadian Timber Q2 sales fall as New Brunswick volumes decline
Aug 5 - Rayonier Q2 adjusted net income, EBITDA beat estimates on wood products pricing, strong southern timber volumes

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.)