Karat Packaging Inc expected to post earnings of 60 cents a share - Earnings Preview

Karat Packaging

05/08/2025 21:06

Karat Packaging Inc KRT.OQ KRT.O is expected to  show a rise in quarterly revenue when it reports  results on August 7 for the period ending June 30 2025

The Chino California-based  company is expected to report a 9.7% increase in revenue to $123.5 million from $112.6 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on May 8 2025, for the period ended June 30, was for revenue between $121.61 million and $126.11 million.

​LSEG's mean analyst estimate for Karat Packaging Inc is for earnings of 60 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "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 $35.00, about 24.5% above its last closing price of $26.44

The company's guidance on May 8 2025 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD121.608 million and USD20.1776 million.

This summary was machine generated August 5 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)