Koppers Hldgs Q3 Adj EPS $1.32 Beats $1.26 Estimate, Sales $550.40M Miss $559.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Koppers Hldgs (NYSE:KOP) reported Q3 adjusted earnings of $1.32 per share, beating the analyst consensus estimate of $1.26 by 4.76%. This is a 10.92% increase from the same period last year. However, the company's quarterly sales of $550.40 million missed the analyst consensus estimate of $559.00 million by 1.54%, though it's a 2.67% increase from last year.
November 03, 2023 | 12:03 pm
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NEUTRAL IMPACT
Koppers Hldgs reported better than expected Q3 earnings but missed on sales. This mixed result could lead to volatility in the stock price.
Koppers Hldgs reported a beat on earnings, which is positive for the stock. However, the miss on sales could be a concern for investors, leading to potential volatility in the stock price. The net impact is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100