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Koppers Holdings Inc. - $KOP STOCK NEWS

Welcome to our dedicated page for Koppers Holdings news (Ticker: $KOP), a resource for investors and traders seeking the latest updates and insights on Koppers Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Koppers Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Koppers Holdings's position in the market.

News
Koppers Reports Third Quarter 2023 Results; Reaffirms 2023 Outlook
Rhea-AI Summary
Koppers Holdings Inc. reported record sales of $550.4 million in the third quarter of 2023, an increase of 2.7% compared to the prior year quarter. Diluted EPS was $1.22, up from $0.91 in the prior year quarter. Adjusted EPS was $1.32, compared to $1.19 in the prior year quarter. The Railroad and Utility Products and Services (RUPS) and Performance Chemicals (PC) segments achieved record sales and profitability, while the Carbon Materials and Chemicals (CMC) segment experienced a decline in sales and profitability. Koppers expects 2023 sales of approximately $2.1 billion and adjusted EBITDA in the range of $253 million to $257 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
earnings
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News
Koppers Holdings Inc. Declares Quarterly Cash Dividend
Rhea-AI Summary
Koppers Holdings Inc. (NYSE: KOP) has declared a quarterly cash dividend of $0.06 per share of Koppers common stock. The dividend will be payable on December 11, 2023, to shareholders of record as of November 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
dividends
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News
Koppers Holdings Inc. Schedules Third Quarter 2023 Conference Call
Rhea-AI Summary
Koppers Holdings Inc. plans to release its financial results for Q3 2023 and discuss its outlook on a conference call on November 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
earnings
News
Koppers Announces Successful Completion of Term Loan B Repricing
Rhea-AI Summary
Koppers Holdings Inc. completes repricing of $399 million senior secured Term Loan B
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
none
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News
Koppers Holdings Inc. Announces Increase to 2023 Outlook as Management Prepares to Host Investor Day Today
Rhea-AI Summary
Koppers Holdings Inc. affirms 2023 sales forecast of $2.1 billion and increases adjusted EBITDA and EPS guidance. Adjusted EBITDA expected to be $250-260 million, compared to $250 million previously. Adjusted EPS expected to be $4.30-4.60 per share, compared to $4.40 per share previously. Recent results trending towards another record quarter. Investor Day event to provide update on strategic initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
conferences
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News
Koppers Holdings Inc. to Host 2023 Investor Day
Rhea-AI Summary
Koppers Holdings Inc. will host its Investor Day on September 14, 2023, offering both in-person and virtual attendance. The event will feature an in-depth review of the business and strategic initiatives through 2025. Presentation materials will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.85%
Tags
conferences
News
Koppers Announces Improved Contract Terms with Several Class I Railroad Customers
Rhea-AI Summary
Koppers Holdings Inc. has announced an amendment to its contract with a Class I railroad customer, extending the agreement to 2030 with favorable pricing adjustments. This is the fourth agreement reached by Koppers this year for increased pricing. The company aims to recoup higher input costs due to inflation and improve profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
Tags
none
-
News
Koppers Management Meeting with Financial Community in Chicago
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
none
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News
Koppers Reports Second Quarter 2023 Results; Reaffirms 2023 Outlook
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
earnings
News
Koppers Holdings Inc. Declares Quarterly Cash Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
dividends
Stock KOP logo
Koppers Holdings Inc.

NYSE:KOP

KOP Rankings

#2508 Ranked by Market Cap
#447 Ranked by Stock Gains
#1960 Ranked by Dividends

KOP Stock Data

944.68M
20.14M
4.12%
93.97%
1.55%
Other Basic Inorganic Chemical Manufacturing
Manufacturing
Link
United States of America
PITTSBURGH

About KOP

koppers, headquartered in pittsburgh, pennsylvania, is a global wood preservation technology company that creates safe and environmentally responsible solutions to solve our customer’s most important challenges. our products and services are used in a variety of niche applications in a diverse range of end-markets including railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber and construction industries. with more than 2,100 employees, we maintain a global manufacturing and distribution network, with facilities in north america, south america, australasia, china and europe. koppers is committed to living a culture of zero harm that places the care of our people, our environment and our communities first at all times. the company is also a member of the american chemistry council and dedicated to adopting its responsible care® initiative at all of our locations worldwide.