Karat Packaging Inc <KRT.OQ> expected to post earnings of 29 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 May 8 for the period ending March 31 2025

• The Chino California-based company is expected to report a 6.7% increase in revenue to $102.057 million from $95.61 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on March 13 2025, for the period ended March 31, was for revenue between $101.35 million and $103.26 million.

• ​LSEG's mean analyst estimate for Karat Packaging Inc is for earnings of 29 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "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 $31.50​, above​ its last closing price of $26.60. ​​​

The company's guidance on March 13 2025 for the period ended March 31 was for gross profit margin between USD37% and USD39%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated May 6 at 21:55 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)