Kraton Performance Polymers, Inc. Bottom Line Climbs 344% In Q4

(RTTNews) - Kraton Performance Polymers, Inc. (KRA) revealed a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line came in at $22.82 million, or $0.74 per share. This was higher than $5.14 million, or $0.16 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.1% to $248.28 million. This was down from $276.04 million last year.

Kraton Performance Polymers, Inc. earnings at a glance:

-Earnings (Q4): $22.82 Mln. vs. $5.14 Mln. last year. -Earnings Growth (Y-o-Y): 344.0% -EPS (Q4): $0.74 vs. $0.16 last year. -EPS Growth (Y-o-Y): 362.5% -Analysts Estimate: $0.50 -Revenue (Q4): $248.28 Mln vs. $276.04 Mln last year. -Revenue Change (Y-o-Y): -10.1%