Kraton Corporation (KRA) Tops Q1 EPS by 23c, Revenues Miss
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Kraton Corporation Announces First Quarter 2019 Results
April 24, 2019 4:19 PM EDTHOUSTON, April 24, 2019 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global specialty chemicals company that manufactures styrenic block copolymers ("SBCs"), specialty polymers, and high-value performance products primarily derived from pine wood pulping co-products, announces financial results for the quarter ended March 31, 2019.
FIRST QUARTER 2019 SUMMARY
First quarter consolidated net income attributable to Kraton of $12.7 million, compared to $22.1 million in the first quarter of 2018. First quarter consolidated Adjusted EBITDA(1) of $89.4 million, up 0.9% compared to the first quarter of 2018. Polymer segment operating income of $9.3 million, down 71.8%, and Adjusted... More