Koppers Holdings Inc. ($KOP) 3Q20 Earnings Sneak Peek

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Koppers Holdings Inc. (NYSE:KOP) is reporting third quarter financial results on Monday 26th October 2020, before market open.

According to analysts surveyed by Thomson Reuters, KOP is expected to report 3Q20 income of $ 1.29 per share from revenue of $ 425.77 million.

For the full year, analysts anticipate top line of $ 1624.43 million, while looking forward to income of $ 3.42 per share bottom line.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 1.25 ~ $ 1.35 per share, while revenues are expected in a range of $ 420.00 million ~ $ 430.00 million

Full Year 2020 topline are forecasted in a range of$ 1,600.00 million ~ $ 1,600.00 million, where as bottomline are predicted in a range of $ 3.25 ~ $ 3.50 per share

Click Here For More Historical Outlooks Of Koppers Holdings Inc.

Previous Quarter Performance

Koppers Holdings Inc. came out with income for the second quarter of $ 1.27 per share, from the revenue of $ 436.60 million.

Stock Performance

On Friday, shares of Koppers Holdings Inc. has traded high as $ 25.42 and has cracked $ 24.38 on the downward trend, reaching $ 25.21 with volume of 90.60 thousand shares.

According to the previous trading day, closing price of $ 25.21, representing a 196.00 % increase from the 52 week low of $ 8.25 and a 45.43 % decrease over the 52 week high of $ 44.75.

The company has a market capital of $ 530.56 million and is part of the Basic Materials sector and Specialty Chemicals industry.

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). The RUPS segment procures and treats crossties, switch ties, and various types of lumber used for railroad bridges and crossings.