Koppers Holdings Inc reports results for the quarter ended in June - Earnings Summary

Koppers Holdings

08/08/2024 15:21

* Koppers Holdings Inc  KOP.N  reported quarterly adjusted
earnings of $1.36​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $1.26.  The mean expectation of three analysts
for the quarter was for earnings of $1.27 per share. Wall Street
expected results to range from $1.18  to $1.45 per share.
    * Revenue fell 2.4% to $563.20 million from a year ago;
analysts
expected $589.87 million. 
    * Koppers Holdings Inc's reported EPS for the quarter was
$1.25​.
    * The company reported quarterly net income of $26.8
million.
    * Koppers Holdings Inc shares had fallen by 4.5% this
quarter and
lost 31.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "strong buy"

Wall Street's median 12-month price target for Koppers Holdings
Inc is $65.00 
This summary was machine generated from LSEG data August 8 at
02:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.27           1.36           Beat
 Mar. 31 2024      0.67           0.62           Missed
 Dec. 31 2023      0.70           0.67           Missed
 Sep. 30 2023      1.27           1.32           Beat