PITTSBURGH (AP) — PITTSBURGH (AP) — Koppers Holdings Inc. (KOP) on Thursday reported second-quarter profit of $24.5 million.
The Pittsburgh-based company said it had net income of $1.15 per share. Earnings, adjusted for non-recurring costs, came to $1.26 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The maker of chemicals, carbon compounds and wood treatment products posted revenue of $577.2 million in the period.
Koppers expects full-year earnings to be $4.40 per share, with revenue expected to be $2.1 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KOP at https://www.zacks.com/ap/KOP
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
