Karat Packaging Inc reports results for the quarter ended in December - Earnings Summary

Karat Packaging

23/03/2022 21:53

* Karat Packaging Inc  KRT.OQ  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 29 cents per share.
    * Revenue was $91.33 million​;  analysts expected $95.97
million. 
    * Karat Packaging Inc's reported EPS for the quarter was 28
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Karat Packaging Inc shares had fallen by 23.9% this
quarter.
    * The company reported quarterly net income of $5.63
million.
    * Wall Street's median 12-month price target for Karat
Packaging
Inc is $29.00 
    * 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." 

This summary was machine generated March 23 at 09:52 p.m.  ​All
figures in US dollars unless otherwise stated