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

Kura Sushi USA (NASDAQ:KRUS) is expected to announce its earnings results after the market closes on Tuesday, April 8th. Analysts expect the company to announce 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.Persons interested in listening to the company’s earnings conference call can do so using this link.

Kura Sushi USA (NASDAQ:KRUS) last released its earnings results on Tuesday, January 7th. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.16. Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%. 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 Stock Performance

Shares of NASDAQ:KRUS opened at $51.20 on Tuesday. Kura Sushi USA has a fifty-two week low of $47.46 and a fifty-two week high of $121.99. The company’s 50-day moving average is $66.60 and its 200 day moving average is $82.63. The company has a market capitalization of $617.78 million, a P/E ratio of -75.29 and a beta of 1.82.

Analyst Ratings Changes

A number of research analysts have recently weighed in on KRUS shares. Benchmark reduced their target price on shares of Kura Sushi USA from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, March 25th. TD Securities started coverage on Kura Sushi USA in a report on Tuesday, February 25th. They set a “hold” rating and a $72.00 price objective for the company. TD Cowen assumed coverage on Kura Sushi USA in a research note on Tuesday, February 25th. They issued a “hold” rating and a $72.00 target price on the stock. Lake Street Capital raised Kura Sushi USA from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research report on Friday, February 21st. Finally, William Blair reissued an “outperform” rating on shares of Kura Sushi USA in a report on Wednesday, January 8th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.50.

Insider Activity at Kura Sushi USA

In other Kura Sushi USA news, Director Seitaro Ishii sold 6,918 shares of Kura Sushi USA stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $83.03, for a total transaction of $574,401.54. Following the completion of the transaction, the director now owns 1,313 shares of the company’s stock, valued at $109,018.39. The trade was a 84.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is currently owned by corporate insiders.

About Kura Sushi USA