Corpus to report Q3 results following two downward revisions to annual profit guidance
KOP Koppers Holdings Inc
$29.33 -2.14%
View chart & analysis → - 1Corpus has lowered its annual profit guidance twice due to coal tar inflation and weakening railroad spending.
- 2Wall Street revenue estimates stand at $514.6 million with earnings per share expected at $1.32.
- 3Corpus provided guidance of approximately $175 million in operating cash flow and nearly $120 million in free cash flow.
So what's the key point?
Corpus lowered its annual profit outlook twice because of rising coal tar costs and less spending on railroads.
Source Earnings Whispers · View original ↗
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