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Kraton Corp (KRA.N)

KRA.N on New York Stock Exchange

31.47USD
4:02pm EDT
Change (% chg)

$0.27 (+0.87%)
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$31.20
Open
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$31.69
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$31.12
Volume
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$37.50
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Latest Key Developments (Source: Significant Developments)

Kraton Corp reports Q1 earnings per share $0.20
Wednesday, 26 Apr 2017 04:30pm EDT 

April 26 (Reuters) - Kraton Corp -:Kraton Corporation announces first quarter 2017 results.Kraton Corp qtrly diluted earnings per share $0.20.Kraton Corp qtrly adjusted loss per share $0.15.Q1 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S.Kraton corp qtrly revenue $458.1 million versus $419.9 million.Kraton Corp- continue to estimate 2017 adjusted ebitda will be approximately $350 million ,we expect to reduce net indebtedness by $100-$150 million in 2017.Kraton Corp - expect that for balance of 2017, will deliver an additional $27 million in cost reductions towards 2018 target of $135 million.Kraton Corp - currently estimate that results in q2 2017 will reflect a positive spread between fifo and ecrc of approximately $10 million.Q1 revenue view $487.2 million -- Thomson Reuters I/B/E/S.  Full Article

Jacobs engineering group says got 4-year contract extension from Kraton
Tuesday, 25 Apr 2017 07:45am EDT 

April 25 (Reuters) - Jacobs Engineering Group Inc :Kraton awards Jacobs maintenance and product handling and packaging contract.Jacobs engineering group-got 4-year contract extension from kraton for maintenance, product handling, packaging services at Kraton's belpre, ohio facility.  Full Article

Kraton Corp announces proposed private offering of $400 mln in aggregate principal amount of senior notes due 2025
Wednesday, 15 Mar 2017 04:41pm EDT 

Kraton Corp : Kraton Corporation announces proposed private offering of $400 million in aggregate principal amount of senior notes due 2025 . Kraton - intends to use net proceeds from offering to repay a portion of outstanding borrowings under its existing senior secured term loan facility .Kraton Corp - units intend to offer $400 million in aggregate principal amount of senior notes due 2025.  Full Article

Kraton Corp announces qtrly loss per share $ 0.12
Monday, 27 Feb 2017 05:20pm EST 

Kraton Corp : Kraton Corporation announces fourth quarter and full year 2016 results . Qtrly loss per share $ 0.12 . Qtrly adjusted earnings per share $0.29 . Kraton Corp- currently expect q1 2017 adjusted EBITDA to be $60-$65 million . Qtrly revenue $ 415.4 million versus $ 248.3 million . Kraton Corp- currently expect to reduce net indebtedness by an additional $100-$150 million in 2017 .Q4 earnings per share view $0.33, revenue view $465.8 million -- Thomson Reuters I/B/E/S.  Full Article

Kraton Corporation announces third quarter results
Wednesday, 26 Oct 2016 05:47pm EDT 

Kraton Corp : Kraton Corporation announces third quarter 2016 results . Q3 adjusted non-GAAP earnings per share $0.63 . Q3 earnings per share $0.49 . Q3 revenue $454.1 million versus I/B/E/S view $454 million . Q3 earnings per share view $0.70 -- Thomson Reuters I/B/E/S . Kraton Corp - now expect Q4 2016 adjusted EBITDA to be in low $80 million range, resulting in full-year 2016 adjusted EBITDA of approximately $360 million . Kraton Corp - Q3 2016 results were below expectations primarily due to weaker than anticipated margins and volumes for sales into adhesive applications . Kraton Corp - Expect Kraton net debt to be approximately $1.6 billion at December 31, 2016 . Kraton Corp - Remain committed to goal of delivering a $500 million reduction in Kraton net debt by December 31, 2018 . Kraton Corp - Currently estimate that results in Q4 2016 will reflect a positive spread between FIFO and ECRC of approximately $5.0 million .Kraton Corp - Still expect to deliver $70 million of cost reductions and $65 million of transaction synergies by year-end 2018.  Full Article

Kraton Performance Polymers Inc Q2 earnings per share $0.24
Wednesday, 27 Jul 2016 06:40pm EDT 

Kraton Performance Polymers Inc : Kraton Performance Polymers Inc. announces second quarter 2016 results . Q2 adjusted non-gaap earnings per share $0.63 . Q2 earnings per share $0.24 . Q2 revenue $454.6 million versus I/B/E/S view $445.1 million . Q2 earnings per share view $0.70 -- Thomson Reuters I/B/E/S .Says modifying 2016 adjusted EBITDA range to $370 - $380 million from earlier guidance of $370 - $390 million.  Full Article

Kraton Performance Polymers Inc gives FY 2016 guidance
Tuesday, 23 Feb 2016 07:35pm EST 

Kraton Performance Polymers:Says With respect to FY 2016, we currently estimate revenue of approximately $1.9 billion, reflecting modest volume growth for SBC and pine-based specialty chemicals businesses.Projects FY 2016 Adjusted EBITDA in the range of $370.0 million to $390.0 million.  Full Article

Kraton Performance Polymers Inc Agrees To Acquire Arizona Chemical Holdings Corporation
Monday, 28 Sep 2015 06:00am EDT 

Kraton Performance Polymers Inc:Agrees to acquire Arizona chemical holdings corporation.Deal for $1.37 billion.Following the acquisition, kraton's long-term debt is expected to be approximately $1.78 billion.Deal expected to be accretive to EPS by approximately $1.40 per share in the first full year of combined operation.Says deal expected to be accretive to EPS by about $1.40 per share in the first full year of combined operation.Deal expected to result in $65 million of pre-tax run rate synergies.Base purchase price is subject to adjustment for cash and indebtedness at closing, as well as an adjustment for working capital.On combined basis expect to generate free cash-flow of more than $450 million over first 3 years of combined operations.Will finance the cash purchase price through debt facilities.  Full Article

More From Around the Web

BRIEF-Kraton Corp reports Q1 earnings per share $0.20

* Q1 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S