Kraton Corp. Q1 adjusted earnings Beat Estimates

(RTTNews) - Kraton Corp. (KRA) revealed a profit for its first quarter that climbed from the same period last year.

The company's profit totaled $209.02 million, or $6.47 per share. This compares with $13.61 million, or $0.39 per share, in last year's first quarter.

Analysts had expected the company to earn $0.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.4% to $427.27 million from $456.41 million last year.

Kraton Corp. earnings at a glance:

-Earnings (Q1): . vs. . last year. -EPS (Q1): $0.27 vs. $0.88 last year. -Analysts Estimate: $0.04 -Revenue (Q1): $427.27 Mln vs. $456.41 Mln last year.