earnings
confidence high
sentiment neutral
materiality 0.75
Koppers Q1 sales record $459.3M but net income falls to $18.8M; FY22 adj EPS ~$4.10
Koppers Holdings Inc.
2022-Q1 EPS reported
$0.87
revenue$459,300,000
- Record Q1 sales $459.3M (+12.7% YoY); net income $18.8M ($0.87 diluted) vs $25.9M ($1.18) prior year.
- Adjusted EPS $0.91, down from $1.02; adjusted EBITDA $52.6M (11.5%) vs $55.1M (13.5%).
- RUPS sales -4.4%, margin down; CMC sales +51.6% with strong profitability; PC record sales but margin compressed.
- 2022 guidance: sales ~$1.9B, adj EBITDA ~$230M, adj EPS ~$4.10 (down from $4.21 due to higher tax rate ~32%).
- Declared $0.05 quarterly dividend; repurchased 225,683 shares for $6.4M in Q1.