Karat Packaging (KRT) Q1 Earnings & Revenues Miss Estimates [Yahoo! Finance]
Karat Packaging Inc. (KRT)
Company Research
Source: Yahoo! Finance
The bottom line declined 11% from earnings of 45 cents in the year-ago quarter. Including one-time items, EPS was 31 cents compared with the year-ago quarter's 45 cents. Total revenues decreased 0.2% year over year to $96 million in the reported quarter. The top line missed the Zacks Consensus Estimate of $100 million. The year-over-year decline was led by pricing comparison, which was partially offset by an increase in the volume and product mix, and the inclusion of online sales platform fees. Karat Packaging Inc. Price, Consensus and EPS Surprise Karat Packaging Inc. price-consensus-eps-surprise-chart | Karat Packaging Inc. Quote Operational Update The cost of sales increased 0.7% year over year to $58 million. Gross profit fell 1.6% year over year to $38 million. The gross margin was 39.3% in the reported quarter compared with the year-ago quarter's 39.9%. Operating expenses in the quarter were $29.5 million compared with $25 million in the year-ago quarter. The 16.1
Show less
Read more
Impact Snapshot
Event Time:
KRT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KRT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KRT alerts
High impacting Karat Packaging Inc. news events
Weekly update
A roundup of the hottest topics
KRT
News
- Karat Packaging to Participate in Two June Investor ConferencesGlobeNewswire
- Karat Packaging Inc. (NASDAQ:KRT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Karat Packaging First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Karat Packaging Reports 2024 First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Karat Packaging Reports 2024 First Quarter Financial ResultsGlobeNewswire
KRT
Earnings
- 5/9/24 - Miss
KRT
Sec Filings
- 6/21/24 - Form 8-K
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- KRT's page on the SEC website