Koppers Holdings Inc. Reports Second Quarter 2018 Results
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Koppers Holdings (KOP) Misses Q2 EPS by 18c, Revenues Miss; FY18 EPS Outlook Above Consensus, FY18 Revenues Guidance Below Consensus
August 9, 2018 8:02 AM EDTKoppers Holdings (NYSE: KOP) reported Q2 EPS of $0.93, $0.18 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $436 million versus the consensus estimate of $490.6 million.
Commenting on the quarter, President and CEO Leroy Ball said, "The second quarter reflected mixed results as continued strength in our CMC markets came close to offsetting the raw material and operating cost headwinds in our PC business. At the same time, contributions from recent acquisitions backfilled the... More
