Kura Sushi USA (NASDAQ:KRUS) Issues Earnings Results, Misses Expectations By $0.06 EPS

Kura Sushi USA (NASDAQ:KRUSGet Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.06), Zacks reports. The firm had revenue of $64.89 million during the quarter, compared to the consensus estimate of $66.30 million. Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%. During the same period in the previous year, the business earned ($0.09) EPS. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Stock Performance

NASDAQ:KRUS opened at $41.46 on Wednesday. The stock has a 50 day moving average price of $62.08 and a 200 day moving average price of $80.90. The stock has a market cap of $500.26 million, a PE ratio of -60.97 and a beta of 1.72. Kura Sushi USA has a one year low of $40.03 and a one year high of $121.99.

Insider Transactions at Kura Sushi USA

In related news, Director Seitaro Ishii sold 6,918 shares of the stock in a transaction that occurred on Thursday, January 16th. The stock was 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 directly owns 1,313 shares in the company, valued at approximately $109,018.39. This represents a 84.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KRUS. Citigroup reduced their price target on shares of Kura Sushi USA from $116.00 to $71.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 26th. Barclays reduced their target price on shares of Kura Sushi USA from $102.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 2nd. William Blair reaffirmed an “outperform” rating on shares of Kura Sushi USA in a research note on Wednesday, January 8th. TD Securities reissued a “hold” rating and issued a $72.00 price objective on shares of Kura Sushi USA in a research note on Friday, April 4th. Finally, TD Cowen initiated coverage on Kura Sushi USA in a research report on Tuesday, February 25th. They set a “hold” rating and a $72.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $86.00.

View Our Latest Stock Analysis on KRUS

Kura Sushi USA Company Profile

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Earnings History for Kura Sushi USA (NASDAQ:KRUS)

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