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Karat Packaging's Q4 earnings fell short of estimates, but the company forecasts 2025 revenue growth of 9-11%.
Karat Packaging reported Q4 2024 earnings of $0.29 per share, 18.7% below estimates, despite a 6.3% rise in revenue to $101.6 million.
The company's stock price fell to $28.95 but later gained 5.3%.
Karat Packaging forecasts 2025 revenue growth of 9-11% and anticipates Q1 2025 revenue of $102.3 million.
The company aims to enhance supply chain resilience and diversify sourcing to mitigate tariff impacts.
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Las ganancias del Q4 de Karat Packaging fueron inferiores a las estimaciones, pero la compañía prevé un crecimiento de ingresos del 9-11% en 2025.