Kraton: 1Q Earnings Snapshot
HOUSTON (AP) _ Kraton Performance Polymers Inc. (KRA) on Wednesday reported first-quarter profit of $208.1 million.
On a per-share basis, the Houston-based company said it had profit of $6.47. Earnings, adjusted for one-time gains and costs, were 27 cents per share.
The specialty chemical company posted revenue of $427.3 million in the period.
Kraton shares have decreased 48% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.29, a decrease of 60% in the last 12 months.