Koppers: Fourth Quarter Financial Overview
Koppers Holdings Inc. Announces Fourth-Quarter Financial Results
Koppers Holdings Inc., headquartered in Pittsburgh, revealed on Thursday that its net income for the fourth quarter reached $29.7 million.
The company reported earnings of $1.47 per share for the quarter. When excluding certain one-time items, adjusted earnings stood at 70 cents per share.
These adjusted earnings exceeded the expectations of Wall Street analysts, who, according to a Zacks Investment Research survey of three analysts, had anticipated earnings of 59 cents per share.
During the quarter, Koppers generated $432.7 million in revenue, which was below the $444.5 million forecasted by analysts surveyed by Zacks. The company specializes in producing chemicals, carbon products, and wood treatment solutions.
For the full year, Koppers reported a net profit of $56 million, or $2.74 per share, with total revenue amounting to $1.88 billion.
Looking ahead, Koppers projects that its earnings for the coming year will fall between $4.20 and $5.00 per share, with anticipated revenue ranging from $1.9 billion to $2 billion.
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