KOP Stock Recent News

On September 30, 2024, Fuller & Thaler Asset Management, Inc., a renowned investment management firm, executed a significant transaction involving the sale of 870,902 shares of Koppers Holdings Inc. (KOP, Financial). This move marked a reduction in their holdings, adjusting their position in the company to 1,192,580 shares.

PITTSBURGH , Sept. 12, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP) today announced that the company will host meetings with the investment community as part of its participation in the upcoming Sidoti Small Cap Conference, which will be held virtually on September 19, 2024.

Koppers' 2Q24 results show negative YoY revenues in the PC and CMC segments, with management expecting continued challenges in these markets. Market drove Koppers' share price down after 1Q24 results, reaching a market cap of $700 million, which is considered a fair valuation ceiling. Debt increased to $945 million, raising concerns about leverage, while valuation remains fair but could become more opportunistic in the future.

Koppers (KOP) sees record sales in its Railroad and Utility Products and Services segment on higher pricing and increased crosstie and utility poles volumes in Q2.

The headline numbers for Koppers (KOP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Koppers (KOP) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.26 per share a year ago.

Second Quarter Sales of $563.2 Million vs. $577.2 Million in Prior Year QuarterSecond Quarter Diluted EPS of $1.25 vs.

PITTSBURGH , Aug. 8, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of Koppers common stock.  The dividend is payable on September 16, 2024, to shareholders of record as of the close of trading on August 30, 2024.

Get a deeper insight into the potential performance of Koppers (KOP) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

PITTSBURGH , July 25, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company plans to release its financial results for the second quarter of 2024 before the market opens on Thursday, August 8, 2024, and discuss its outlook on a conference call later that day at 11:00 a.m. Eastern Time.