Koppers: Q2 Earnings Snapshot
PITTSBURGH (AP) _ Koppers Holdings Inc. (KOP) on Thursday reported second-quarter profit of $11.7 million.
The Pittsburgh-based company said it had profit of 55 cents per share. Earnings, adjusted for non-recurring costs, came to 97 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The maker of chemicals, carbon compounds and wood treatment products posted revenue of $502.5 million in the period.