Koppers (NYSE:KOP) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $3.30-3.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.11. The company issued revenue guidance of $1.7 billion, compared to the consensus revenue estimate of $1.81 billion.
Koppers stock traded down $7.67 during mid-day trading on Thursday, reaching $20.62. 70,234 shares of the company were exchanged, compared to its average volume of 164,958. The company has a quick ratio of 1.05, a current ratio of 2.03 and a debt-to-equity ratio of 9.65. The firm has a market cap of $592.75 million, a P/E ratio of 5.60, a P/E/G ratio of 0.38 and a beta of 0.93. Koppers has a 12-month low of $25.39 and a 12-month high of $51.80.
Koppers (NYSE:KOP) last issued its quarterly earnings data on Thursday, August 9th. The specialty chemicals company reported $0.93 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.18). Koppers had a net margin of 1.47% and a return on equity of 79.35%. The business had revenue of $436.00 million for the quarter, compared to analysts’ expectations of $490.60 million. During the same quarter in the prior year, the company posted $1.18 EPS. The business’s revenue for the quarter was up 15.3% on a year-over-year basis. Equities analysts expect that Koppers will post 4.1 earnings per share for the current year.
In other Koppers news, SVP James A. Sullivan acquired 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 14th. The stock was purchased at an average price of $35.73 per share, for a total transaction of $35,730.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP R. Michael Johnson acquired 25,000 shares of the firm’s stock in a transaction dated Tuesday, August 14th. The shares were acquired at an average price of $35.36 per share, with a total value of $884,000.00. Following the acquisition, the vice president now owns 46,534 shares in the company, valued at approximately $1,645,442.24. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 33,000 shares of company stock valued at $1,169,050. Company insiders own 8.70% of the company’s stock.
Koppers Holdings Inc, through its subsidiaries, provides treated wood products, wood treatment chemicals, and carbon compounds in the United States and internationally. The company operates through three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC).
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