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Kraton: 1Q Earnings Snapshot

April 29, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRA at https://www.zacks.com/ap/KRA

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