Kraton Performance Polymers, Inc. Announces First Quarter 2016 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/31/2026

1. INTC
2. AMZN
3. RDDT
4. COIN
5. PINS
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Kraton Performance Polymers, Inc. Announces First Quarter 2016 Results

Kraton Performance Polymers (KRA) Tops Q1 EPS by 25c, Sales Miss

April 27, 2016 5:28 PM EDT

Kraton Performance Polymers (NYSE: KRA) reported Q1 EPS of $0.80, $0.25 better than the analyst estimate of $0.55. Revenue for the quarter came in at $419.9 million versus the consensus estimate of $463.13 million.

"Kraton's first quarter 2016 results reflect solid business performance and continued execution against our stated strategic objectives. Our first quarter 2016 Adjusted EBITDA of $93 million includes $52 million of Adjusted EBITDA from our Polymer segment and $41 million from our newly-acquired Chemical segment," said Kevin M. Fogarty, Kraton's President and Chief Executive Officer. "Building upon the good business momentum we saw in... More