Koppers Holdings (NYS: KOP) reported earnings on Aug. 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Koppers Holdings missed slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share increased slightly.
Gross margins increased, operating margins improved, net margins were steady.
Koppers Holdings logged revenue of $411.3 million. The four analysts polled by S&P Capital IQ predicted a top line of $419.2 million on the same basis. GAAP reported sales were 4.5% higher than the prior-year quarter's $393.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.05. The seven earnings estimates compiled by S&P Capital IQ predicted $1.14 per share. GAAP EPS of $0.98 for Q2 were 2.1% higher than the prior-year quarter's $0.96 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 16.1%, 20 basis points better than the prior-year quarter. Operating margin was 9.9%, 50 basis points better than the prior-year quarter. Net margin was 5.0%, about the same as the prior-year quarter.
Next quarter's average estimate for revenue is $419.5 million. On the bottom line, the average EPS estimate is $1.13.
Next year's average estimate for revenue is $1.62 billion. The average EPS estimate is $3.54.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 167 members out of 178 rating the stock outperform, and 11 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Koppers Holdings a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Koppers Holdings is outperform, with an average price target of $49.60.
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The article Koppers Holdings Misses on Both Revenue and Earnings originally appeared on Fool.com.
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