Karat Packing (KRT) Q3 Earnings and Revenues Miss Estimates
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Karat Packing (KRT) reported Q3 earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.52 per share. This is the same earnings per share as the previous year.
November 08, 2024 | 2:00 am
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Karat Packing reported Q3 earnings of $0.47 per share, missing the expected $0.52 per share. This could negatively impact the stock price in the short term.
The earnings miss indicates that Karat Packing did not meet market expectations, which often leads to a negative reaction in the stock price. The fact that earnings per share remained the same as last year suggests no growth, which could further disappoint investors.
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