Koppers Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Koppers Holdings Inc KOP.N reported quarterly adjusted earnings of $1.48​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of three analysts for the quarter was for earnings of $1.51 per share. Wall Street expected results to range from $1.44 to $1.55 per share.

• Revenue fell 10.4% to $504.80 million from a year ago; analysts expected $490.57 million.

• Koppers Holdings Inc's reported EPS for the quarter was 81 cents​.

• The company reported quarterly net income of $16.4 million.

• Koppers Holdings Inc shares had risen by 3.5% this quarter and gained 2.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 142.2% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

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 "buy."

• Wall Street's median 12-month price target for Koppers Holdings Inc is $55.00, about 39.5% above its last closing price of $33.27

This summary was machine generated from LSEG data August 8 at 02:18 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)