Koppers Holdings Inc. (NYSE:KOP) will be posting its quarterly earnings results before the market opens on Thursday, November 9th. Analysts expect Koppers Holdings to post earnings of $0.88 per share for the quarter.
Koppers Holdings (NYSE:KOP) last posted its quarterly earnings results on Thursday, August 3rd. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.26. Koppers Holdings had a net margin of 3.02% and a return on equity of 153.51%. The company had revenue of $378.00 million during the quarter, compared to the consensus estimate of $369.00 million. During the same period last year, the firm earned $0.93 EPS. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. On average, analysts expect Koppers Holdings to post $3.2 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.
Several analysts recently commented on the stock. TheStreet raised shares of Koppers Holdings from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research note on Tuesday, August 8th. Jefferies Group LLC reissued a “hold” rating and set a $40.00 target price on shares of Koppers Holdings in a research note on Thursday, October 12th. Barrington Research reissued an “outperform” rating and set a $55.00 target price on shares of Koppers Holdings in a research note on Thursday, September 14th. Finally, FBR & Co reissued an “outperform” rating and set a $44.00 target price on shares of Koppers Holdings in a research note on Tuesday, July 11th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $45.40.
In other news, VP Leslie S. Hyde sold 1,810 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $45.00, for a total transaction of $81,450.00. Following the sale, the vice president now owns 19,727 shares in the company, valued at $887,715. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Leslie S. Hyde sold 1,800 shares of the business’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $43.00, for a total transaction of $77,400.00. Following the sale, the vice president now owns 19,927 shares in the company, valued at approximately $856,861. The disclosure for this sale can be found here. 3.90% of the stock is owned by insiders.
COPYRIGHT VIOLATION NOTICE: “Koppers Holdings Inc. (KOP) Scheduled to Post Earnings on Thursday” was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://sportsperspectives.com/2017/11/02/koppers-holdings-inc-kop-scheduled-to-post-earnings-on-thursday.html.
About Koppers Holdings
Koppers Holdings Inc is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.
Receive News & Ratings for Koppers Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koppers Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.