Expectations have dropped for Koppers Holdings first quarter results in the month leading up to the company's earnings announcement slated for Friday, May 8, 2015. The consensus analyst estimate has dropped from six cents a share to the current estimate of earnings of two cents a share.
The consensus estimate has dipped over the past three months from 29 cents. For the fiscal year, analysts are projecting earnings of $1.64 per share. Revenue is projected to be 20% above the year-earlier total of $331.4 million at $399 million for the quarter. For the year, revenue is projected to come in at $1.76 billion.
Over the last four quarters, the company has seen its revenue grow by an average of 6% year-over-year. The 29% increase in the most recent quarter was the biggest rise.
Other companies in the basic materials sector include: OM Group, Cabot and Arch Chemicals.
Earnings estimates provided by Zacks.
Narrative Science, through its proprietary artificial intelligence platform, transforms data into stories and insights.