Koppers Holdings Inc. (KOP) plunged 9.17% in Thursday's intraday trading session, following the company's disappointing fourth-quarter 2024 results. The Pittsburgh-based maker of chemicals, carbon compounds, and wood treatment products reported a net loss of $10.2 million, or $0.50 per share, for the quarter.
The company's Q4 revenue of $477 million fell short of analysts' expectations, missing the consensus estimate of $500.83 million by 4.76%. This marks a 7.05% decrease compared to the same period last year. Adjusted earnings per share of $0.77 also missed the analyst consensus estimate of $0.92 by a significant 16.3%.
Despite the disappointing Q4 performance, Koppers provided full-year 2025 earnings guidance of $4.75 per share, with expected revenue of $2.17 billion. However, the market appeared to focus more on the recent quarterly results, leading to the significant stock price drop on Thursday.
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