earnings
confidence high
sentiment positive
materiality 0.75
Koppers Q3 2022: record sales $536.1M, adj EPS $1.19; reaffirms FY22 adj EBITDA ~$230M
Koppers Holdings Inc.
2022-Q3 EPS reported
$2.32
revenue$1,497,900,000
- Q3 net income $19.1M ($0.91 diluted) up from $10.2M ($0.47); adjusted net income $25.1M ($1.19 adj EPS).
- Record quarterly sales $536.1M, +26% YoY; RUPS $207.7M, PC $153.1M, CMC $175.3M (record adj EBITDA $36.6M).
- FY22 outlook: sales ~$2.0B, adj EBITDA ~$230M, adj EPS ~$4.00 (vs $4.21 prior, impacted by ~35% tax rate).
- Board declared $0.05 per share quarterly dividend, payable Dec 12, 2022 to holders of record Nov 25, 2022.
- FY22 capex expected ~$95M; net of asset sales/insurance recoveries $85-90M.