Koppers Holdings reports Q2 adjusted EPS $1.36, consensus $1.27

Reports Q2 revenue $563.2M, consensus $589.87M. Chief Executive Officer Leroy Ball said, “All three business segments showed significant sequential improvement in the second quarter, pushing consolidated results to new heights. Performance Chemicals delivered the most improvement, as demand for our residential wood-treatment preservatives continued to be resilient despite unfavorable industry trends. In addition, cost reduction measures across the board helped to offset current market conditions and keep us on track for a strong 2024.”