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Koppers Holdings: Q1 Earnings Insights

Shares of Koppers Holdings (NYSE:KOP) gained 4.8% after the company reported Q1 results. Quarterly Results Earnings per share fell 24.19% over the past year to $0.47, which missed the estimate of $0.55. Revenue of $401,900,000 rose by 6.63% from the same perio

Benzinga · 05/07/2020 13:49

Shares of Koppers Holdings (NYSE:KOP) gained 4.8% after the company reported Q1 results.

Quarterly Results

Earnings per share fell 24.19% over the past year to $0.47, which missed the estimate of $0.55.

Revenue of $401,900,000 rose by 6.63% from the same period last year, which missed the estimate of $418,430,000.

Looking Ahead

Koppers Hldgs hasn't issued any earnings guidance for the time being.

Koppers Hldgs hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $44.75

Company's 52-week low was at $8.25

Price action over last quarter: down 43.09%

Company Profile

Koppers Holdings is a holding company that, through its subsidiaries, manufactures and sells treated wood products, wood treatment chemicals, and carbon compounds in three segments based on product type. The railroad and utility products and services segment sells treated wood products, rail joint bars, crossties, and switch ties used to build railroads. The carbon materials and chemicals segment sells carbon products used in the production of steel and iron. The performance chemicals segment sells wood treatment chemicals used for treat decks, fences, utility poles, construction lumber, and vineyard stakes. The majority of revenue comes from the United States. The company has discontinued carbon materials and chemicals segment.