Kura Sushi USA Q4 2023 Adj EPS $0.25 Beats $0.24 Estimate, Sales $54.93M Miss $55.78M Estimate
Portfolio Pulse from saritha@benzinga.com
Kura Sushi USA (NASDAQ:KRUS) reported Q4 2023 earnings of $0.25 per share, beating the analyst consensus estimate of $0.24 by 4.17%. This is a 19.05% increase from the same period last year. However, the company's quarterly sales of $54.93 million missed the analyst consensus estimate of $55.78 million by 1.53%, though it's a 30.79% increase from the same period last year.
November 08, 2023 | 9:53 pm
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Kura Sushi USA's Q4 2023 earnings beat estimates, but sales missed the mark. Earnings per share increased by 19.05% YoY, while sales increased by 30.79% YoY.
Kura Sushi USA's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The net effect could be neutral in the short term as investors weigh the positive earnings against the negative sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100