earnings
confidence high
sentiment neutral
materiality 0.65
Koppers Q3 record sales $554.3M, adj. EPS $1.37; launches workforce reduction for ~90 employees
Koppers Holdings Inc.
2024-Q3 EPS reported
$2.92
revenue$1,615,100,000
- Q3 2024 sales $554.3M (record), +0.7% YoY; adjusted EPS $1.37 vs $1.32 YoY
- RUPS sales +6% to $248.1M; CMC sales -5.5% to $129.5M; PC sales -1.5% to $176.7M
- 2024 guidance: sales ~$2.1B, adj. EBITDA $270-275M, adj. EPS $4.25-4.45
- Launched workforce reduction; voluntary exit offered to ~90 employees; restructuring charges not yet quantified
- Pension termination targeted for Q1 2025 requiring ~$25M funding; cash flow guidance $100-125M