Karat Packaging (KRT) late Thursday reported Q4 adjusted net income of $0.29 per diluted share, up from $0.24 a year earlier.
Four analysts polled by FactSet, on average, expected $0.38.
Revenue for the quarter ended Dec. 31 was $101.6 million, compared with $95.6 million a year earlier. Four analysts expected $102.3 million.
For Q1, the disposable foodservice products manufacturer is projecting a revenue increase of 6% to 8% year over year. Two analysts are looking for $103.4 million.
For fiscal 2025. Karat sees revenue rising 9% to 11%. Four analysts are looking for $454 million.
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