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KOP Koppers Holdings News Story

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Basic MaterialsBalancedMid CapSuper Stock

Koppers Q1 sales beat on performance chemicals growth

Overview

US treated wood products maker's Q1 sales nearly flat yr/yr, beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Performance Chemicals gains offset by sharp decline in Carbon Materials and Chemicals profitability

Outlook

Koppers sees 2026 net sales between $1.9 bln and $2.0 bln

Company expects 2026 adjusted EBITDA of $240 mln to $260 mln

Koppers projects 2026 adjusted EPS between $3.80 and $4.60

Result Drivers

PERFORMANCE CHEMICALS GROWTH - Higher sales volumes and prices, especially in the Americas, drove gains in the Performance Chemicals segment

CARBON MATERIALS AND CHEMICALS DECLINE - Profitability fell sharply due to lower sales prices, higher raw material costs, and the end of phthalic anhydride production

RAILROAD AND UTILITY PRODUCTS WEAKNESS - Lower sales from customer mix changes, reduced maintenance-of-way activity, and price declines, partly offset by higher utility pole volumes and an acquisition

Company press release: ID:nPn9tZt5Xa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesBeat$455.30 mln$410.45 mln (4 Analysts)
Q1 Adjusted EPSBeat$0.57$0.44 (4 Analysts)
Q1 EPS$0.35
Q1 Net Income$7.10 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 $50.00, about 21.5% above its May 7 closing price of $41.16 The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 6 three months ago 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.)

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