Koppers Hldgs Q4 Adj. EPS $0.67 Misses $0.70 Estimate, Sales $513.20M Beat $483.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Koppers Holdings (KOP) reported Q4 adjusted EPS of $0.67, missing the $0.70 estimate, a 38.53% decrease from last year. However, sales of $513.20M exceeded estimates by 6.11%, marking a 6.34% increase from the previous year.
February 28, 2024 | 1:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Koppers Holdings reported a miss on Q4 EPS estimates but exceeded revenue expectations, with a significant year-over-year decrease in earnings but an increase in sales.
The miss on EPS estimates and the year-over-year decrease in earnings could negatively impact investor sentiment towards KOP in the short term. However, the beat on revenue estimates and the year-over-year increase in sales could offset some of the negative sentiment, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100