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Kraton: 3Q Earnings Snapshot

·1 min read

HOUSTON (AP) _ Kraton Performance Polymers Inc. (KRA) on Wednesday reported a third-quarter loss of $403.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Houston-based company said it had a loss of $12.67. Earnings, adjusted for one-time gains and costs, came to 49 cents per share.

The specialty chemical company posted revenue of $373.4 million in the period.

Kraton shares have climbed slightly more than 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.41, an increase of 16% 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