Karat Packaging Inc expected to post earnings of 29 cents a share - Earnings Preview

Karat Packaging

06/05/2025 22:55

Karat Packaging Inc KRT.OQ KRT.O is expected to show a rise in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The Chino California-based  company is expected to report a 6.7% increase in revenue to $102.057 million from $95.61 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on March 13 2025, for the period ended March 31, was for revenue between $101.35 million and $103.26 million.

​LSEG's mean analyst estimate for Karat Packaging Inc is for earnings of 29 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Karat Packaging Inc is $31.50​, above​ its last closing price of $26.60. ​​​

The company's guidance on March 13 2025 for the period ended March 31 was for gross profit margin between USD37% and USD39%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.36
0.29
Missed
-18.7
Sep. 30 2024
0.52
0.52
0.47
Missed
-8.7
Jun. 30 2024
0.59
0.60
0.49
Missed
-17.6​
Mar. 31 2024
0.45
0.45
0.40
Missed
-11
​​Dec. 31 2023
0.41
0.24
Missed
-40.9
Sep. 30 2023
0.42
0.44
0.47
Beat
7.6​
Jun. 30 2023
0.30
0.31
0.69
Beat
125
Mar. 31 2023
0.26
0.31
0.46
Beat
49.8

This summary was machine generated May 6 at 21:55 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)