Koppers Holdings (KOP) Misses Q4 EPS by 11c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus
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Koppers Holdings Inc. Reports Fourth Quarter and Full-Year 2019 Results
February 27, 2020 8:01 AM ESTPITTSBURGH, Feb. 27, 2020 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today reported net income attributable to Koppers for the fourth quarter of $20.6 million, or $0.96 per diluted share compared to net loss of $2.6 million, or $(0.13) per diluted share in the prior year quarter. The fourth quarter benefited from a one-time deferred tax benefit of $14.9 million, or a favorable impact of $0.70 per diluted share, related to a legal entity restructuring in the Netherlands.
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