Kraton Performance Polymers (KRA) Misses Q3 EPS by 14c
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Kraton Performance Polymers, Inc. Announces Third Quarter 2015 Results, Provides Full Year 2015 Adjusted EBITDA Guidance of $160 Million
October 28, 2015 4:45 PM EDTHOUSTON, Oct. 28, 2015 /PRNewswire/ -- Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers, announces financial results for the quarter ended September 30, 2015.
2015 THIRD QUARTER OVERVIEW
Sales volume was 81.0 kilotons in the third quarter 2015 compared to 80.7 kilotons in the third quarter 2014. Gross profit was $67.8 million in the third quarter 2015 compared to $63.8 million in the third quarter 2014. Adjusted gross profit (non-GAAP) was $68.8 million, or $850 per ton, in the third quarter 2015 compared to $64.8 million, or $803 per ton, in the third quarter 2014.... More