Karat Packaging Inc expected to post earnings of 33 cents a share - Earnings Preview

Karat Packaging

10/08/2021 13:00

* Karat Packaging Inc  KRT.OQ   KRT.O  is expected to report
results on August 12.
* The Chino, California-based company is expected to report
revenue of $91.333 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 33 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 had risen by
about 16.0% in the last three months. ​
* Wall Street's median 12-month price target for Karat Packaging
Inc is $25​, about 4.2% above​ its last closing price
of $23.96. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.12        0.12       0.13      Beat    12.1
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 This summary was machine generated August 10 at 12:00 GMT.  All
figures in US dollars unless otherwise stated