earnings
confidence high
sentiment positive
materiality 0.70
Koppers reports record Q2 sales $577.2M, diluted EPS $1.15; reaffirms FY outlook
Koppers Holdings Inc.
2023-Q2 EPS reported
$2.34
revenue$1,090,600,000
- Record quarterly sales of $577.2M, up 14.9% YoY; diluted EPS $1.15 vs $0.55 in prior year quarter.
- Adjusted EPS of $1.26 vs $0.97; adjusted net income $26.9M vs $20.5M.
- RUPS record sales $234.4M; PC record sales $180.9M; CMC sales $161.9M.
- Reaffirms 2023 outlook: sales ~$2.1B, adjusted EBITDA ~$250M, adjusted EPS ~$4.40.
- CEO says confident to meet/exceed $250M adjusted EBITDA target; on track for $300M by 2025.