Koppers Holdings (KOP) Tops Q3 EPS by 34c; Boosts FY16 EPS Outlook

Koppers Holdings (NYSE: KOP) reported Q3 EPS of $0.99, $0.34 better than the analyst estimate of $0.65. Revenue for the quarter came in at $371.1 million versus the consensus estimate of $373.4 million.

GUIDANCE:

Koppers Holdings sees FY2016 EPS of $2.40-$2.54, versus prior guidance of $1.90-$2.20 and the consensus of $2.16. Koppers is increasing its guidance for adjusted EBITDA to be in the range of $168 to $172 million, compared with a prior forecast of $162 to $172 million.

For earnings history and earnings-related data on Koppers Holdings (KOP) click here.

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