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Kraton reports 4Q loss

HOUSTON (AP) _ Kraton Performance Polymers Inc. (KRA) on Monday reported a loss of $3.7 million in its fourth quarter.

On a per-share basis, the Houston-based company said it had a loss of 12 cents. Earnings, adjusted for non-recurring costs, came to 29 cents per share.

The specialty chemical company posted revenue of $415.4 million in the period.

For the year, the company reported net income of $107.3 million, or $3.43 per share, swinging to a profit in the period. Revenue was reported as $1.74 billion.

Kraton shares have declined 3.5 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.49, a rise of 64 percent in the last 12 months.


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


Keywords: Kraton Performance Polymers, Earnings Report