NYSE$KOP

Koppers Holdings Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Koppers reported a net loss in Q1 2020, but sales increased due to higher volumes and favorable pricing in RUPS segment and organic growth in PC segment.

For the first quarter of 2020, Koppers Holdings Inc. reported a net loss attributable to Koppers of $1.4 million, or $(0.07) per diluted share, compared to net income of $11.6 million, or $0.56 per diluted share, in the prior year quarter. Consolidated sales were $401.9 million, an increase of 6.6 percent from the prior year quarter.

  • Net loss attributable to Koppers was $1.4 million, or $(0.07) per diluted share.
  • Net income from continuing operations attributable to Koppers was $1.9 million, or $0.09 per diluted share.
  • Consolidated sales increased by 6.6 percent to $401.9 million.
  • Adjusted EBITDA was $37.6 million, compared with $40.8 million in the prior year quarter.

Headline financials

Total Revenue

$402M

Previous: $435M-7.6%
EPS (adj)

$0.47

Previous: $0.62-24.2%
Adjusted EBITDA

$37.6M

Previous: $40.8M-7.8%
Capital Expenditures

$10.6M

Previous: $11M-3.6%
Free Cash Flow

-$12M

Previous: $500K-2500.0%
Net Income

-$1.4M

Previous: $11.5M-112.2%
Operating Income

$13.6M

Previous: $28.4M-52.1%
Gross Profit

$61.6M

Previous: $81.1M-24.0%
Cash & Equivalents

$54.2M

Previous: $38.1M+42.3%
Total Assets

$1.57B

Previous: $1.59B-1.3%
Stock-Based Comp

$2.5M

Previous: $2.9M-13.8%

Revenue & EPS history

Koppers · Revenue · Quarterly

$402M

Q1 2020-7.6%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Koppers · $402M total across 3 segments · Q1 2020

  • Railroad & Utility Products
    $190M+14.4%
  • Performance Chemicals
    $111M+12.5%
  • Carbon Materials & Chemicals
    $101M-10.1%

Forward guidance

The company looks forward to providing stakeholders with details about operations as they navigate through the challenges brought on by the COVID-19 pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.1%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+1.7%

Avg return

30 days after

44%

30 / 68 earnings

Positive

+26.3%

Q3 2019

Best reaction

-30.0%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.0%+3.7%-1.0%
Q4 2025+7.6%+6.4%+9.8%
Q3 2025-4.0%+2.6%+0.6%
Q1 2025+3.5%+16.4%+23.1%
Q4 2024-9.4%-13.5%-13.6%
Q3 2024-0.7%-0.3%-5.4%
Q2 2024-1.0%+4.1%+3.7%
Q1 2024-18.5%-15.7%-16.2%
Q4 2023+6.8%+0.0%+4.1%
Q3 2023-0.2%+2.2%+20.8%
Q2 2023+2.5%+2.2%+5.3%
Q1 2023+3.4%+1.4%+1.0%
Q4 2022+4.5%+9.3%-0.5%
Q3 2022+17.1%+10.8%+26.2%
Q2 2022-1.7%+0.8%-6.6%
Q1 2022-3.7%-4.9%+10.2%
Q4 2021+3.5%+4.3%+3.0%
Q3 2021-9.7%-10.1%-16.5%
Q2 2021+0.8%+6.2%+10.0%
Q1 2021+3.4%-4.1%-4.2%
Q4 2020-6.9%-5.9%-4.9%
Q3 2020+1.0%+1.7%+20.4%
Q2 2020+2.4%+3.9%-7.8%
Q1 2020+24.5%+7.3%+70.4%
Q4 2019-7.3%-16.9%-68.0%
Q3 2019+26.3%+22.2%+7.5%
Q2 2019+16.7%+21.2%+11.6%
Q1 2019+8.7%+11.3%-0.1%
Q4 2018+8.0%+8.3%+5.7%
Q3 2018-30.0%-23.9%-36.8%
Q2 2018-7.1%-7.5%-9.2%
Q1 2018-8.1%-11.2%-7.3%
Q4 2017-2.7%+0.2%-1.0%
Q3 2017+1.9%+0.5%+4.0%
Q2 2017+10.5%+8.5%+12.6%
Q1 2017-4.3%-4.3%-12.4%
Q4 2016-2.3%+0.5%-5.4%
Q3 2016-1.7%+2.0%+23.3%
Q2 2016+8.7%+7.7%+10.1%
Q1 2016+2.5%
Q4 2015+6.3%
Q3 2015+12.8%
Q2 2015+8.8%
Q1 2015+16.0%
Q4 2014-13.5%
Q3 2014-13.7%
Q2 2014-6.2%
Q1 2014-14.3%
Q4 2013-1.5%
Q3 2013+14.0%
Q2 2013-1.3%
Q1 2013-2.2%
Q4 2012-3.2%
Q3 2012-4.9%
Q2 2012-9.2%
Q1 2012-1.4%
Q4 2011-0.6%
Q1 2010-0.6%
Q3 2011-0.5%
Q2 2011-6.2%
Q1 2011+2.7%
Q4 2008-6.7%
Q4 2010-6.7%
Q3 2009+6.3%
Q3 2010+6.3%
Q2 2009-7.8%
Q4 2009-7.8%
Q2 2010-7.8%

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