Kraton Corporation (KRA) Misses Q4 EPS by 1c, Revenues Miss
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Kraton Corporation Announces Fourth Quarter and Full Year 2018 Results
February 27, 2019 4:32 PM ESTHOUSTON, Feb. 27, 2019 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces financial results for the quarter and year ended December 31, 2018.
2018 FOURTH QUARTER AND FULL YEAR SUMMARY
Fourth quarter consolidated net income of $19.3 million compared to $69.9 million in the fourth quarter of 2017. Fourth quarter Adjusted EBITDA(1) of $85.1 million, compared to $85.5 million in the fourth quarter of 2017. Polymer segment operating income of $21.2 million, down 6.7% and Adjusted EBITDA(1) of... More