Karat Packing (KRT) Misses Q4 Earnings and Revenue Estimates

Karat Packing (KRT) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -21.62%. A quarter ago, it was expected that this company would post earnings of $0.52 per share when it actually produced earnings of $0.47, delivering a surprise of -9.62%.Over the last four quarters, the company ha ...