Kraton Corp. Q1 adjusted earnings Beat Estimates

(RTTNews) - Kraton Corp. (KRA) released earnings for its first quarter that advanced from last year.

The company's bottom line totaled $22.07 million, or $0.68 per share. This compares with $6.41 million, or $0.20 per share, in last year's first quarter.

Analysts had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.7% to $502.39 million from $458.13 million last year.

Kraton Corp. earnings at a glance:

-EPS (Q1): $0.58 vs. -$0.15 last year. -Analysts Estimate: $0.55 -Revenue (Q1): $502.39 Mln vs. $458.13 Mln last year.