earnings
confidence high
sentiment neutral
materiality 0.60
Koppers Q2 EPS $1.25 vs $1.15; reaffirms FY2024 adjusted EBITDA $265-280M
Koppers Holdings Inc.
2024-Q2 EPS reported
$1.83
revenue$1,060,800,000
- Net income $26.8M ($1.25 diluted EPS) vs $24.5M ($1.15) YoY; adjusted EPS $1.36 vs $1.26.
- Consolidated sales $563.2M, down 2.4% YoY, with RUPS record sales of $253.9M (+8.3%).
- PC segment adj EBITDA rose to $44.3M (25.0% margin) from $32.3M on lower costs and copper hedging gains.
- CMC sales fell 18.2% to $132.4M on weak European carbon pitch demand; adj EBITDA $10.8M vs $15.7M.
- FY2024 guidance reaffirmed: sales ~$2.15B, adj EBITDA $265-280M, adj EPS $4.10-$4.60.