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Stock impact report

Karat Packaging Earnings: What To Look For From KRT [Yahoo! Finance]

Karat Packaging Inc. (KRT) 
Company Research Source: Yahoo! Finance
Karat Packaging missed analysts' revenue expectations by 1.1% last quarter, reporting revenues of $112.6 million, up 3.5% year on year. It was a disappointing quarter for the company, with a miss of analysts' operating margin estimates. Is Karat Packaging a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Karat Packaging's revenue to grow 7% year on year to $112.9 million, a reversal from the 4.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.49 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Karat Packaging has missed Wall Street's revenue estimates six times over the last two years. Looking at Karat Packaging's peers in the specialty equipment distributors segment, some have already reported their Q3 results, giving u Show less Read more
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