Countdown to Koppers (KOP) Q4 Earnings: Wall Street Forecasts for Key Metrics

Analysts on Wall Street project that Koppers (KOP) will announce quarterly earnings of $0.91 per share in its forthcoming report, representing an increase of 35.8% year over year. Revenues are projected to reach $497 million, declining 3.2% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.That said, let's delve into the average estimates of some Koppers metrics that Wall Street analysts commonly model and monitor.The average prediction of analysts places 'Net Sales- Carbon Materials & Chemicals' at $127.05 million. The estimate suggests a change of -4% year over year.Analysts' assessment points toward 'Net Sales- Performance Chemicals' reaching $160.95 million. The estimate suggests a change of -2.1% year over year.The collective assessment of analysts points to an estimated 'Net Sales- Railroad & Utility Products and Services' of $226.90 million. The estimate suggests a change of +4.9% year over year.View all Key Company Metrics for Koppers here>>>Over the past month, Koppers shares have recorded returns of +4.2% versus the Zacks S&P 500 composite's -2.3% change. Based on its Zacks Rank #3 (Hold), KOP will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Koppers Holdings Inc. (KOP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks