Benzinga | Jul 29, 2020 05:02PM EDT

Kraton Q2 EPS $0.30 May Not Compare To $0.05 Estimate, Sales $355.68M Beat $354.71M Estimate

Kraton (NYSE:KRA) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.05 by 500 percent. This is a 81.01 percent decrease over earnings of $1.58 per share from the same period last year. The company reported quarterly sales of $355.68 million which beat the analyst consensus estimate of $354.71 million by 0.27 percent. This is a 28.19 percent decrease over sales of $495.28 million the same period last year.