Kura Sushi USA (NASDAQ:KRUS) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) released its earnings results on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.07, Zacks reports. The company had revenue of $73.97 million during the quarter, compared to analyst estimates of $71.82 million. Kura Sushi USA had a negative net margin of 4.06% and a negative return on equity of 0.78%. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Stock Performance

Shares of KRUS stock opened at $86.78 on Wednesday. The stock's fifty day moving average is $73.08 and its two-hundred day moving average is $70.05. The firm has a market capitalization of $1.05 billion, a P/E ratio of -96.42 and a beta of 1.67. Kura Sushi USA has a fifty-two week low of $40.03 and a fifty-two week high of $110.66.

Wall Street Analyst Weigh In

KRUS has been the subject of a number of research analyst reports. Citigroup cut their price objective on shares of Kura Sushi USA from $71.00 to $47.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Barclays increased their price objective on shares of Kura Sushi USA from $52.00 to $71.00 and gave the company an "equal weight" rating in a report on Thursday, June 26th. TD Securities reaffirmed a "hold" rating and set a $72.00 price objective on shares of Kura Sushi USA in a report on Friday, April 4th. Lake Street Capital cut their price objective on shares of Kura Sushi USA from $103.00 to $62.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Finally, Benchmark cut their target price on shares of Kura Sushi USA from $115.00 to $100.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $79.10.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Kura Sushi USA stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) by 18.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 3,983 shares of the company's stock after purchasing an additional 613 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Kura Sushi USA were worth $204,000 at the end of the most recent quarter. 65.49% of the stock is owned by institutional investors and hedge funds.

Kura Sushi USA Company Profile