Karat Packaging Inc expected to post earnings of 48 cents a share - Earnings Preview
Karat Packaging Inc expected to post earnings of 48 cents a share - Earnings Preview
Karat Packaging Inc KRT.OQ KRT.O is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2026
The Chino California-based company is expected to report a 9.3% increase in revenue to $135.46 million from $123.99 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on May 7 2026, for the period ended June 30, was for revenue between $133.90 million and $136.38 million.
LSEG's mean analyst estimate for Karat Packaging Inc is for earnings of 48 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "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 $36.50, about 10.5% below its last closing price of $40.78
The company's guidance on May 7 2026 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD133.90488 million and USD17.73 million.The company's guidance on May 7 2026 for the period ended June 30 was for gross profit margin between USD35% and USD37%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 0.30 | 0.30 | 0.34 | Beat | 13.3 |
Dec. 31 2026 | 0.27 | 0.28 | 0.34 | Beat | 23.6 |
Sep. 30 2025 | 0.38 | 0.39 | 0.37 | Missed | -3.9 |
Jun. 30 2025 | 0.60 | 0.61 | 0.57 | Missed | -6.6 |
Mar. 31 2025 | 0.29 | 0.28 | 0.33 | Beat | 16.5 |
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 |
This summary was machine generated August 4 at 20:06 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)
Recent news on Karat Packaging
See all newsKarat Packaging Inc reports results for the quarter ended June 30 - Earnings Summary
Brief: Karat Packaging Q2 Adjusted EPS USD 1.48
Karat Packaging Inc expected to post earnings of 48 cents a share - Earnings Preview
Karat Packaging Q1 revenue beats estimates, helped by higher volumes
Brief: Karat Packaging Q1 Adjusted EPS USD 0.34