* Karat Packaging Inc is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Chino California-based company is expected to report a 7.0% increase in revenue to $112.933 million from $105.53 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on August 8 2024, for the period ended September 30, was for revenue between $110.80 million and $113.97 million.

* ​LSEG's mean analyst estimate for Karat Packaging Inc is for earnings of 52 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Karat Packaging Inc is $32.00​, above​ its last closing price of $27.18. ​​​

The company's guidance on August 8 2024 for the period ended September 30 was for gross profit margin between USD38% and USD39%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.60 0.49 Missed -17.6

Mar. 31 2024 0.45 0.45 0.40 Missed -11

Dec. 31 2023 0.41 0.24 Missed -40.9​

Sep. 30 2023 0.42 0.44 0.47 Beat 7.6

​​Jun. 0.30 0.31 0.69 Beat 125

30 2023

Jan. 1 0001 0.26 0.31 0.46 Beat 49.8​

Dec. 31 2022 0.30 0.33 0.30 Missed -7.7

Sep. 30 2022 0.34 0.34 0.33 Missed -1.5

This summary was machine generated November 6 at 14:34 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)