Koppers Hldgs (NYSE:KOP) reported its Q1 earnings results on Friday, May 6, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Koppers Hldgs beat estimated earnings by 8.33%, reporting an EPS of $0.91 versus an estimate of $0.84.
Revenue was up $51.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 1.39% drop in the share price the next day.
Here's a look at Koppers Hldgs's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.67 | 1.23 | 1.36 | 0.60 |
| EPS Actual | 0.77 | 1.01 | 1.41 | 1.02 |
| Revenue Estimate | 411.73M | 445.97M | 461.67M | 409.17M |
| Revenue Actual | 405.30M | 424.80M | 441.00M | 407.50M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Koppers Hldgs management provided guidance for FY 2022, expecting earnings between $4.1 and $4.1 per share.
To track all earnings releases for Koppers Hldgs visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
