Benzinga | Jul 28, 2021 05:10PM EDT

Kraton Q2 Adj. EPS $0.32 Misses $0.50 Estimate, Sales $493.62M Beat $427.84M Estimate; Raises FY21 Guidance

Kraton (NYSE:KRA) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.50 by 36 percent. This is a 6.67 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $493.62 million which beat the analyst consensus estimate of $427.84 million by 15.38 percent. This is a 38.78 percent increase over sales of $355.68 million the same period last year.