Kura Sushi USA (KRUS) Expected to Announce Quarterly Earnings on Tuesday

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) will likely be announcing its earnings results after the market closes on Tuesday, April 8th. Analysts expect Kura Sushi USA to post earnings of ($0.07) per share and revenue of $66.30 million for the quarter. Kura Sushi USA has set its FY 2025 guidance at EPS.Parties that are interested in participating in the company's conference call can do so using this link.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last announced its quarterly earnings data on Tuesday, January 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.24) by $0.16. Kura Sushi USA had a negative net margin of 3.08% and a negative return on equity of 0.50%. On average, analysts expect Kura Sushi USA to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kura Sushi USA Price Performance

Shares of KRUS stock traded down $3.81 on Friday, hitting $43.61. 635,292 shares of the stock traded hands, compared to its average volume of 192,748. The firm has a market cap of $526.20 million, a price-to-earnings ratio of -64.13 and a beta of 1.72. The firm has a 50 day simple moving average of $64.25 and a two-hundred day simple moving average of $81.78. Kura Sushi USA has a 52 week low of $40.08 and a 52 week high of $121.99.

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Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on KRUS shares. Lake Street Capital raised Kura Sushi USA from a "hold" rating to a "buy" rating and set a $103.00 price objective for the company in a research note on Friday, February 21st. William Blair reissued an "outperform" rating on shares of Kura Sushi USA in a report on Wednesday, January 8th. Benchmark cut their price objective on shares of Kura Sushi USA from $115.00 to $100.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. TD Securities reiterated a "hold" rating and set a $72.00 price objective on shares of Kura Sushi USA in a research report on Friday. Finally, Barclays dropped their target price on shares of Kura Sushi USA from $102.00 to $75.00 and set an "equal weight" rating for the company in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $86.00.

Insider Buying and Selling

In related news, Director Seitaro Ishii sold 6,918 shares of the stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $83.03, for a total value of $574,401.54. Following the completion of the transaction, the director now owns 1,313 shares of the company's stock, valued at approximately $109,018.39. This trade represents a 84.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.30% of the stock is currently owned by company insiders.

About Kura Sushi USA