Thu. 9 May 2024, 5:31pm ET
Benzinga
Earnings, Earnings Misses, News
Karat Packaging (NASDAQ:KRT) reported quarterly earnings of $0.40 per share which missed the analyst consensus estimate of $0.45 by 11.11 percent. This is a 13.04 percent decrease over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $95.613 million which missed the analyst consensus estimate of $99.817 million by 4.21 percent. This is a 0.20 percent decrease over sales of $95.801 million the same period last year.