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

Karat Packaging

11/11/2021 23:44

* Karat Packaging Inc  KRT.OQ  reported quarterly adjusted
earnings of 19 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 35 cents per share.
* Revenue was $102.71 million​;  analysts expected $102.09
million. 
* Karat Packaging Inc's reported EPS for the quarter was 19
cents​.
* The mean earnings estimate of analysts had fallen by about 5%
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 risen by 9.1% this quarter.
* The company reported quarterly net income of $3.79 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 November 11 at 11:44 p.m.
 ​All figures in US dollars unless otherwise stated