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KOP Koppers Holdings News Story

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Koppers misses Q2 sales expectations, lowers 2025 forecast

Overview

Koppers Q2 sales fall 10.4% to $504.8 mln, missing analysts' expectations

Adjusted EPS rises 8.8% to $1.48, but misses estimates

Company revises 2025 sales forecast downward due to market challenges

Outlook

Koppers lowers 2025 sales forecast to $1.9 bln-$2.0 bln

Company lowers 2025 adjusted EBITDA guidance to $250 mln-$270 mln

Koppers maintains 2025 operating cash flow projection at $150 mln

Company expects adjusted EPS of $4.00-$4.60 for 2025

Result Drivers

SLUGGISH DEMAND - CEO Leroy Ball cites sluggish demand across all business segments as a key factor in sales decline

COST-SAVING ACTIONS - Koppers offset sales decline impact on profitability through cost-saving measures, according to CEO Leroy Ball

BUSINESS EXIT - Positive margin contribution from exiting phthalic anhydride business, per CEO Leroy Ball

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesMiss$504.80 mln$552.90 mln (3 Analysts)
Q2 Adjusted EPSMiss$1.48$1.51 (3 Analysts)
Q2 EPS$0.81
Q2 Net Income$16.40 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 $55.00, about 39.5% above its August 7 closing price of $33.27 The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago Press Release: ID:nPn8vVQfsa (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.)

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