Materiality pending
Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- Karat Packaging, Inc. reported Q1 2024 EPS of 40 cents, missing estimates. - Total revenues declined 0.2% to $96 million, missing the Zacks estimate of $100 million. - Operational expenses rose by 16.1% due to various factors including higher rent and warehouse expenses. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Karat Packaging, Inc. reported Q1 2024 EPS of 40 cents, missing estimates.
- Total revenues declined 0.2% to $96 million, missing the Zacks estimate of $100 million.
- Operational expenses rose by 16.1% due to various factors including higher rent and warehouse expenses.
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