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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.