earnings
confidence high
sentiment positive
materiality 0.65
Koppers Q3 net income $26.3M, record sales $550.4M; adjusted EPS $1.32, reaffirms 2023 outlook
Koppers Holdings Inc.
2023-Q3 EPS reported
$3.54
revenue$1,641,000,000
- Net income attributable to Koppers $26.3M ($1.22 diluted EPS) vs $19.1M ($0.91) in prior-year quarter.
- Adjusted EPS $1.32 vs $1.19; adjusted EBITDA $70.7M vs $68.8M.
- Sales $550.4M (+2.7% YoY); RUPS and PC segments achieved record quarterly sales and profitability.
- Cash from operations $81.6M, an all-time quarterly high.
- 2023 outlook reaffirmed: adj. EBITDA $253-$257M, adj. EPS $4.35-$4.55.