Core Viewpoint - Koppers Holdings Inc. has successfully repriced its seven-year $495 million senior secured Term Loan B, reducing interest rate margins by 50 basis points, which is part of the company's strategy to optimize its capital structure and reduce interest expenses without altering leverage, covenants, or maturity date [1][2][3]. Group 1: Financial Transaction Details - The interest rate margins for the Term Loan B have been reduced from 3.00% with a floor of 50 basis points to 2.50% with a floor of 50 basis points, based on the adjusted Term SOFR Rate or adjusted Daily Simple SOFR [2]. - The transaction was facilitated by Wells Fargo Bank, National Association, acting as the administrative agent, with several banks serving as joint lead arrangers and bookrunners [3]. Group 2: Company Overview - Koppers Holdings Inc. is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, serving various industries including railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction [4]. - The company operates a comprehensive global manufacturing and distribution network with facilities located in North America, South America, Australasia, and Europe [4].

Consistent with Strategy to Optimize Business Portfolio and Enhance Free Cash FlowPITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that the company will discontinue phthalic anhydride production at its facility in Stickney, Illinois, in 2025.The decision, affecting approximately 25 employees, was driven by significant near-term capital spending requirements that could not be economically justified by end-market projections ...

PITTSBURGH, Dec. 4, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP) today announced that the company will host meetings with the investment community as part of its participation in the upcoming Singular Research Conference, which will be held in San Francisco, on December 12, 2024.  Koppers management will be represented by Bradley Pearce, Chief Accounting Officer, and Quynh McGuire, Vice President of Investor Relations.The presentation materials will be available on www.koppers.com in the Investor ...

PITTSBURGH, Nov. 26, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP) today announced that the company will host meetings with the investment community as part of its participation in the BofA Securities Leveraged Finance Conference, which will be in-person in Boca Raton, Florida, on December 3, 2024.Koppers management will be represented by Jimmi Sue Smith, Chief Financial Officer, and Quynh McGuire, Vice President of Investor Relations. In addition, the conference will feature a fireside chat with M ...

Koppers Holdings Inc. (KOP) logged profits (attributable to the company) of $22.8 million or $1.09 per share for the third quarter of 2024, down from a profit of $26.3 million or $1.22 per share a year ago. Barring one-time items, adjusted earnings were $1.37 per share for the quarter, up from $1.32 per share a year ago. It topped the Zacks Consensus Estimate of $1.25.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Koppers recorded revenues of $554.3 million for the quarter, up around ...

Shares of Koppers (KOP) have gained 3% over the past four weeks to close the last trading session at $38.03, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $64.67 indicates a potential upside of 70.1%.The average comprises three short-term price targets ranging from a low of $64 to a high of $65, with a standard deviation of $0.58. While the lowest estimate indicates an increas ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Koppers (NYSE: KOP ) released 3Q24 results without many changes to the dynamic of its business segments. CMC continues to post a challenging cycle, and PC is slowly topping a record profitability year, with 2025 expected to be slightlyLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies ...

Koppers (KOP) reported $554.3 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 0.7%. EPS of $1.37 for the same period compares to $1.32 a year ago.The reported revenue represents a surprise of -3.06% over the Zacks Consensus Estimate of $571.8 million. With the consensus EPS estimate being $1.25, the EPS surprise was +9.60%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...