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

Kura Sushi USA (NASDAQ:KRUS) issued its earnings results on Tuesday. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06), Zacks reports. The firm had revenue of $64.89 million for the quarter, compared to analyst estimates 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 company earned ($0.09) earnings per share. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Stock Performance

NASDAQ KRUS opened at $41.46 on Wednesday. The company has a market capitalization of $500.26 million, a PE ratio of -60.97 and a beta of 1.72. Kura Sushi USA has a 52-week low of $40.03 and a 52-week high of $121.99. The company has a 50-day simple moving average of $62.08 and a 200 day simple moving average of $80.90.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on KRUS. Lake Street Capital upgraded shares of Kura Sushi USA from a “hold” rating to a “buy” rating and set a $103.00 price objective for the company in a report on Friday, February 21st. Citigroup cut their price target on Kura Sushi USA from $116.00 to $71.00 and set a “neutral” rating for the company in a research note on Wednesday, March 26th. 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. Barclays dropped their target price on Kura Sushi USA from $102.00 to $75.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 2nd. Finally, William Blair reissued an “outperform” rating on shares of Kura Sushi USA in a research report on Wednesday, January 8th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Insider Buying and Selling at Kura Sushi USA

In related news, Director Seitaro Ishii sold 6,918 shares of Kura Sushi USA stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $83.03, for a total value of $574,401.54. Following the sale, the director now owns 1,313 shares of the company’s stock, valued at approximately $109,018.39. The trade was a 84.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Kura Sushi USA Company Profile