Koppers (NYSE:KOP) Posts Earnings Results, Misses Estimates By $0.60 EPS

Koppers (NYSE:KOP) posted its quarterly earnings results on Friday. The specialty chemicals company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.60), FiscalAI reports. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. The company had revenue of $499.10 million for the quarter, compared to the consensus estimate of $518.60 million. During the same quarter in the previous year, the company posted $1.21 EPS. Koppers’s quarterly revenue was up 2.8% compared to the same quarter last year. Koppers updated its FY 2026 guidance to 3.100-3.250 EPS.

Here are the key takeaways from Koppers’ conference call:

• Higher input and logistics costs pressured results: Third-quarter adjusted EBITDA fell 18% year over year to $58 million, and adjusted EPS declined to $0.77 from $1.21. Koppers lowered its 2026 outlook to adjusted EBITDA of $220 million–$225 million and adjusted EPS of $3.10–$3.25.
• Cash generation reached year-to-date records: Operating cash flow was $127 million and free cash flow was $92 million through September, compared with $77 million and $56 million, respectively, a year earlier. The company cited working-capital improvements and expects full-year free cash flow of $115 million–$135 million.
• Performance Chemicals and utility products showed resilience: Performance Chemicals volume grew 10% year over year, while domestic utility pole sales rose 5% in the quarter and 11% year to date. Management expects pricing actions—already agreed for more than 80% of Performance Chemicals’ 2027 business—to help offset cost inflation beginning in January, though residential demand remains subdued.
• Restructuring and cost initiatives are intended to support future earnings: Koppers reported $42 million in year-over-year Catalyst benefits through September and completed major production milestones at its Stickney facility. It expects the Stickney initiative to generate $15 million–$20 million in annual adjusted EBITDA benefits, while acknowledging near-term transition costs.

Koppers Stock Performance

Shares of KOP traded down $9.78 during mid-day trading on Friday, hitting $29.86. The stock had a trading volume of 354,349 shares, compared to its average volume of 143,465. The firm has a market cap of $564.69 million, a P/E ratio of -6.33 and a beta of 1.23. The business has a fifty day moving average price of $44.13 and a 200-day moving average price of $41.68. The company has a debt-to-equity ratio of 2.31, a current ratio of 2.33 and a quick ratio of 1.01. Koppers has a 52 week low of $25.00 and a 52 week high of $53.00.

Koppers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Friday, November 27th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, November 27th. Koppers’s dividend payout ratio (DPR) is currently -7.63%.

Insider Transactions at Koppers

In other news, insider James Sullivan sold 7,500 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $375,000.00. Following the completion of the transaction, the insider owned 82,898 shares in the company, valued at approximately $4,144,900. This represents a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Stephen Lucas sold 1,308 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $44.55, for a total value of $58,271.40. Following the transaction, the senior vice president owned 34,345 shares of the company’s stock, valued at $1,530,069.75. The trade was a 3.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 17,808 shares of company stock worth $856,651 over the last quarter. 7.28% of the stock is currently owned by corporate insiders.

Trending Headlines about Koppers

Here are the key news stories impacting Koppers this week:

• Positive Sentiment: Koppers declared a quarterly cash dividend of $0.09 per share, payable December 14 to shareholders of record November 27. Dividend announcement
• Neutral Sentiment: Third-quarter sales rose 2.8% year over year to $499.1 million, though the company’s revenue guidance of $1.9 billion was broadly in line with consensus. Third-quarter results
• Negative Sentiment: Adjusted EPS was $0.77, well below the $1.37 analyst consensus and down from $1.21 a year earlier; revenue of $499.1 million also fell short of the $518.6 million estimate. Higher raw-material and logistics costs weighed on results. Koppers lowered its 2026 EPS guidance to $3.10–$3.25, below the roughly $4.05 consensus, reinforcing concerns about profitability. MarketWatch report on results and costs

Analysts Set New Price Targets

Several analysts have commented on the stock. Wall Street Zen lowered shares of Koppers from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings downgraded shares of Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Koppers has an average rating of “Moderate Buy” and an average target price of $55.00.

About Koppers

Koppers Holdings Inc (NYSE:KOP) is a global provider of treated wood products, carbon compounds and performance chemicals. The company serves infrastructure, industrial and utility markets with products designed to preserve, protect and extend the service life of wood and other materials.

Koppers operates through two primary business areas: Railroad and Utility Products and Services, and Performance Chemicals. Its offerings include treated railroad crossties, utility poles, pilings and other wood products, as well as wood preservatives and related treatment services.