Koppers Hldgs Q2 2024 Adj. EPS $1.36 Beats $1.27 Estimate, Sales $563.200M Miss $589.867M Estimate
Portfolio Pulse from Benzinga Newsdesk
Koppers Holdings (NYSE:KOP) reported Q2 2024 adjusted EPS of $1.36, beating the analyst estimate of $1.27 by 7.09%. However, sales were $563.2 million, missing the $589.867 million estimate by 4.52% and down 2.43% from the same period last year.
August 08, 2024 | 11:59 am
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Koppers Holdings reported Q2 2024 EPS of $1.36, beating estimates by 7.09%, but sales missed estimates by 4.52% and were down 2.43% YoY.
While the EPS beat is positive, the sales miss and YoY decline could offset the positive sentiment, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100