Recap: Karat Packaging Q1 Earnings

Karat Packaging KRT reported its Q1 earnings results on Thursday, May 12, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Karat Packaging beat estimated earnings by 33.33%, reporting an EPS of $0.36 versus an estimate of $0.27.

Revenue was up $29.74 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 11.31% increase in the share price the next day.

Here's a look at Karat Packaging's past performance:

To track all earnings releases for Karat Packaging visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.