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Compared to Estimates, Koppers (KOP) Q2 Earnings: A Look at Key Metrics

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Koppers (KOP - Free Report) reported $563.2 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.4%. EPS of $1.36 for the same period compares to $1.26 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $598 million, representing a surprise of -5.82%. The company delivered an EPS surprise of +3.03%, with the consensus EPS estimate being $1.32.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Koppers performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- Carbon Materials & Chemicals

    : $132.40 million versus the two-analyst average estimate of $141 million. The reported number represents a year-over-year change of -18.2%.
  • Net Sales- Performance Chemicals

    : $176.90 million versus $183 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
  • Net Sales- Railroad & Utility Products and Services

    : $253.90 million versus $283 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.3% change.
View all Key Company Metrics for Koppers here>>>

Shares of Koppers have returned +1.7% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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