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Karat Packaging Q3 Adj. EPS $0.24 Misses $0.41 Estimate, Sales $134.700M Miss $140.334M Estimate

Benzinga Newsdesk 8 hours ago

NewsEarningsEarnings Misses

Karat Packaging (NASDAQ:KRT) reported quarterly earnings of $0.24 per share which missed the analyst consensus estimate of $0.41 by 41.46 percent. This is a 35.14 percent decrease over earnings of $0.37 per share from

Karat Packaging (NASDAQ:KRT) reported quarterly earnings of $0.24 per share which missed the analyst consensus estimate of $0.41 by 41.46 percent. This is a 35.14 percent decrease over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $134.700 million which missed the analyst consensus estimate of $140.334 million by 4.01 percent. This is a 8.18 percent increase over sales of $124.516 million the same period last year.

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