Kraton Performance Polymers (NYSE: KRA ) is expected to report Q2 earnings on July 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Kraton Performance Polymers's revenues will decrease -1.4% and EPS will wane -47.9%.
The average estimate for revenue is $370.3 million. On the bottom line, the average EPS estimate is $0.25.
Last quarter, Kraton Performance Polymers notched revenue of $340.1 million. GAAP reported sales were 17% lower than the prior-year quarter's $408.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.07. GAAP EPS were -$0.12 for Q1 against $0.50 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 17.6%, 90 basis points worse than the prior-year quarter. Operating margin was 3.2%, 310 basis points worse than the prior-year quarter. Net margin was -1.1%, 510 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.40 billion. The average EPS estimate is $1.31.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 47 members out of 51 rating the stock outperform, and four members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Kraton Performance Polymers a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kraton Performance Polymers is outperform, with an average price target of $27.88.
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