Koppers Holdings Inc. Reports Third Quarter 2021 Results

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Koppers Holdings (KOP) Misses Q3 EPS by 22c, Offers Guidance

November 4, 2021 8:10 AM EDT

Koppers Holdings (NYSE: KOP) reported Q3 EPS of $1.01, $0.22 worse than the analyst estimate of $1.23. Revenue for the quarter came in at $424.8 million versus the consensus estimate of $445.97 million.

GUIDANCE:

Koppers Holdings sees FY2021 revenue of $1.7 billion, versus the consensus of $1.72 billion.

Koppers remains committed to driving improvements through the execution of its strategic initiatives and making continued progress toward its long-term financial goals. Based on current global economic activity and in consideration of the near-term economic uncertainty associated with the pandemic, the company expects that 2021 sales will be approximately $1.7 billion.... More