Karat Packing (KRT) Q1 Earnings and Revenues Top Estimates
From Nasdaq: 2025-05-08 19:55:00
Karat Packing (KRT) reported earnings of $0.33 per share, surpassing the expected $0.31 per share and down from $0.40 per share last year. Revenues reached $103.62 million, exceeding estimates by 1.26%. The stock has underperformed, dropping 11.2% this year. Analysts predict a Zacks Rank #4 (Sell) for future performance.
Greif (GEF), a competitor in the packaging industry, is expected to report earnings of $1.08 per share, up 31.7% year-over-year, with revenues expected to reach $1.43 billion. Analysts suggest that estimates for the coming quarters and fiscal year will play a significant role in stock performance. Investors should monitor industry trends for potential impact.
For investors considering Karat Packaging Inc. (KRT), analyzing earnings outlook and estimate revisions is crucial. The company’s recent earnings report led to a Zacks Rank #4 (Sell) due to unfavorable estimate revisions. Monitoring future earnings expectations and industry performance will be key indicators for stock performance.
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