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

Karat Packaging

21/03/2022 20:56

* Karat Packaging Inc  KRT.OQ   KRT.O  is expected to report
results on March 23.
    * The Chino California-based  company is expected to report
revenue of $95.967 million, according to the mean estimate from
3 analysts, based on Refinitiv data.  
    * ​Refinitiv'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
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "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 $29​, above​ its last closing price of $15.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.34        0.35       0.19      Missed  -44.9
 Jun. 30 2021  0.33        0.33       0.53      Beat    59.3
 Mar. 31 2021  0.12        0.12       0.13      Beat    12.1​
 ​​                                                     
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 This summary was machine generated March 21 at 20:56 GMT.  All
figures in US dollars  unless otherwise stated