Kura Sushi USA (KRUS) to Release Quarterly Earnings on Tuesday

Kura Sushi USA (NASDAQ:KRUS) is expected to issue its quarterly earnings data 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Kura Sushi USA (NASDAQ:KRUS) last announced its quarterly earnings data on Tuesday, January 7th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate 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

KRUS stock opened at $43.61 on Monday. The company has a market capitalization of $526.20 million, a P/E ratio of -64.13 and a beta of 1.72. Kura Sushi USA has a 12 month low of $40.03 and a 12 month high of $121.99. The firm’s fifty day simple moving average is $64.25 and its 200-day simple moving average is $81.78.

Insider Transactions at Kura Sushi USA

In other news, Director Seitaro Ishii sold 6,918 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $83.03, for a total transaction of $574,401.54. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on KRUS shares. William Blair reaffirmed an “outperform” rating on shares of Kura Sushi USA in a research report on Wednesday, January 8th. TD Cowen initiated 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. Barclays reduced their price target on Kura Sushi USA from $102.00 to $75.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 2nd. Lake Street Capital raised Kura Sushi USA from a “hold” rating to a “buy” rating and set a $103.00 price target for the company in a report on Friday, February 21st. Finally, TD Securities reaffirmed a “hold” rating and set a $72.00 price objective on shares of Kura Sushi USA in a research note on Friday. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $86.00.

Kura Sushi USA Company Profile