Karat Packaging (KRT) Earnings Date, Estimates & Call Transcripts

$27.06
+0.01 (+0.04%)
(As of 04/25/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 8Estimated
Actual EPS
(Mar. 14)
$0.24 Missed By -$0.16
Consensus EPS
(Mar. 14)
$0.40
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KRT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

KRT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Karat Packaging Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.65$0.65$0.65 
Q2 20241$0.67$0.67$0.67 
Q3 20241$0.59$0.59$0.59 
Q4 20241$0.45$0.45$0.45 
FY 20244$2.36$2.36 $2.36

KRT Earnings Date and Information

Karat Packaging last posted its earnings results on March 14th, 2024. The reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.16. The company had revenue of $95.58 million for the quarter, compared to analysts' expectations of $95.51 million. Karat Packaging has generated $1.62 earnings per share over the last year ($1.62 diluted earnings per share) and currently has a price-to-earnings ratio of 16.7. Earnings for Karat Packaging are expected to grow by 7.81% in the coming year, from $1.92 to $2.07 per share. Karat Packaging has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 8th, 2024 based off prior year's report dates.

Karat Packaging Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/8/2024
Estimated)
------- 
3/14/2024Q4 2023$0.40$0.24($0.16)$0.29$95.51 million$95.58 million    
11/9/2023Q3 2023$0.44$0.47+$0.03$0.49$106.62 million$105.53 million
8/9/2023Q2 2023$0.31$0.68+$0.37$0.83$109.22 million$108.74 million
5/10/2023Q1 2023$0.28$0.45+$0.17$0.45$94.96 million$95.80 million    
3/16/2023Q4 2022$0.27$0.30+$0.03$0.37$96.49 million$92.67 million
11/10/2022Q3 2022$0.34$0.31($0.03)$0.31$119.07 million$110.00 million
8/11/2022Q2 2022$0.37$0.32($0.05)$0.32$117.51 million$114.88 million
5/12/2022Q1 2022$0.27$0.34+$0.07$0.34$101.43 million$105.41 million
3/23/2022Q4 2021$0.29$0.28($0.01)$0.28$96.03 million$91.33 million    
11/11/2021Q3$0.33$0.19($0.14)$0.19$102.09 million$102.71 million    
8/12/2021Q2 2021$0.33$0.50+$0.17$0.50$91.33 million$94.53 million    
5/27/2021Q1 2021$0.13$0.12($0.01)$0.12$73.67 million$75.67 million

Karat Packaging Earnings - Frequently Asked Questions

When is Karat Packaging's earnings date?

Karat Packaging has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 8th, 2024 based off last year's report dates. Learn more on KRT's earnings history.

Did Karat Packaging beat their earnings estimates last quarter?

In the previous quarter, Karat Packaging (NASDAQ:KRT) missed the analysts' consensus estimate of $0.40 by $0.16 with a reported earnings per share (EPS) of $0.24. Learn more on analysts' earnings estimate vs. KRT's actual earnings.

How can I listen to Karat Packaging's earnings conference call?

The conference call for Karat Packaging's latest earnings report can be listened to online. Listen to Conference Call

How can I read Karat Packaging's conference call transcript?

The conference call transcript for Karat Packaging's latest earnings report can be read online. Read Transcript

How much revenue does Karat Packaging generate each year?

Karat Packaging (NASDAQ:KRT) has a recorded annual revenue of $405.65 million.

How much profit does Karat Packaging generate each year?

Karat Packaging (NASDAQ:KRT) has a recorded net income of $32.47 million. KRT has generated $1.62 earnings per share over the last four quarters.

What is Karat Packaging's price-to-earnings ratio?

Karat Packaging (NASDAQ:KRT) has a trailing price-to-earnings ratio of 16.70 and a forward price-to-earnings ratio of 14.09.

What is Karat Packaging's EPS forecast for next year?

Karat Packaging's earnings are expected to grow from $1.92 per share to $2.07 per share in the next year, which is a 7.81% increase.


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This page (NASDAQ:KRT) was last updated on 4/25/2024 by MarketBeat.com Staff

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