Kraton Corporation Announces Third Quarter 2019 Results

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Kraton Corporation (KRA) Misses Q3 EPS by 12c

October 23, 2019 4:38 PM EDT

Kraton Corporation (NYSE: KRA) reported Q3 EPS of $0.52, $0.12 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $444.2 million versus the consensus estimate of $482.69 million.

OUTLOOK:

Market fundamentals including demand in China and broader Asia, as well as in Europe and North America, weakened notably as the third quarter of 2019 progressed. Based upon our expectation that market conditions... More