Karat Packaging Inc reports results for the quarter ended June 30 - Earnings Summary

Karat Packaging

06/08/2026 22:44

Karat Packaging Inc KRT.OQ reported quarterly adjusted earnings of $1.48​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 57 cents.  The mean expectation of three analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 45 cents to 51 cents per share.
Revenue rose 9.9% to $136.31 million from a year ago; analysts expected $135.46 million. 
Karat Packaging Inc's reported EPS for the quarter was $1.46​.
The company reported quarterly net income of $29.33 million.
Karat Packaging Inc shares had risen by 26.5% this quarter and gained 87.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the non-paper containers & packaging peer group is also "buy" 
Wall Street's median 12-month price target for Karat Packaging Inc is $36.50, about 16% below its last closing price of $42.34
This summary was machine generated from LSEG data August 6 at 09:44 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.48
1.48
Beat
Mar. 31 2026 
0.30
0.34
Beat
Dec. 31 2025 
0.28
0.34
Beat
Sep. 30 2025 
0.39
0.37
Missed