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Koppers Holdings Inc. (KOP)
NYSE:KOP
Holding KOP?
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.91Last Year’s EPS
$0.67Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2024
|% Change Since: -18.31%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive business segments showing record performances and improved safety metrics, while facing challenges such as declines in Performance Chemicals sales and reduced operating cash flow. The company's outlook remains cautiously optimistic, with strategies in place to address the issues.Company Guidance
During the Koppers Q3 2024 earnings call, the company highlighted several key metrics that demonstrated a robust performance despite some challenges. Consolidated sales reached a record $554.3 million, compared to $550.4 million in the prior year. The Railroad and Utility Products and Services segment reported record third quarter sales, while the Performance Chemicals segment saw a decline due to intercompany sales adjustments and higher raw material costs. Adjusted EBITDA also set a record at $77.4 million, up from $70.7 million, with a margin increase to 14% from 12.8%. However, diluted earnings per share decreased to $1.09 from $1.22, though adjusted earnings per share rose slightly to $1.37 from $1.32. Operating cash flow for the quarter was $29.8 million, reflecting a decrease from $81.6 million in the previous year. The call also detailed significant safety improvements, with a 42% decrease in the rate of serious safety incidents and 25 out of 47 facilities operating accident-free. Looking ahead, Koppers expects a continued focus on cost reduction and strategic growth, projecting full-year adjusted EBITDA in the range of $270 million to $275 million.Record Third Quarter Sales and Profitability
Koppers reported record third quarter sales of $554.3 million and adjusted EBITDA of $77.4 million, marking new highs for the quarter.
Improved Safety Performance
The company reported a decrease in the recordable injury rate by 8.5% and a 42% reduction in serious safety incidents.
Strong Performance in Utility and Industrial Products
The segment showed resilience, particularly with efforts following Hurricanes Helene and Milton, shipping approximately 40,000 utility poles which is 3x to 4x typical storm response.
Positive Carbon Materials and Chemicals Outlook
Sequential and year-over-year improvement in profitability, with expectations for further improvement due to cost reductions.
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KOP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KOP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | $37.96 | $37.15 | -2.13% |
| Aug 08, 2024 | $35.18 | $35.43 | +0.71% |
| May 03, 2024 | $52.63 | $43.74 | -16.89% |
| Feb 28, 2024 | $52.67 | $56.70 | +7.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Koppers Holdings Inc. (KOP) report earnings?
Koppers Holdings Inc. (KOP) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Koppers Holdings Inc. (KOP) earnings time?
Koppers Holdings Inc. (KOP) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KOP EPS forecast?
KOP EPS forecast for the fiscal quarter 2024 (Q4) is $0.91.
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