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

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

Kura Sushi USA Stock Performance

Shares of NASDAQ KRUS opened at $54.57 on Thursday. The firm’s 50 day moving average price is $61.04 and its 200-day moving average price is $80.51. Kura Sushi USA has a 52-week low of $40.03 and a 52-week high of $121.99. The company has a market cap of $658.44 million, a PE ratio of -80.25 and a beta of 1.72.

Insider Buying and Selling

In related news, Director Seitaro Ishii sold 6,918 shares of the firm’s 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 transaction, the director now owns 1,313 shares of the company’s stock, valued at approximately $109,018.39. This trade represents a 84.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on KRUS. Barclays decreased their target price on Kura Sushi USA from $75.00 to $52.00 and set an “equal weight” rating for the company in a research note on Wednesday. Citigroup reduced their price target on Kura Sushi USA from $116.00 to $71.00 and set a “neutral” rating for the company in a research report on Wednesday, March 26th. Benchmark reduced their price target 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 Cowen assumed coverage on shares of 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. Finally, TD Securities reiterated a “hold” rating and set a $72.00 price objective on shares of Kura Sushi USA in a research report on Friday, April 4th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Kura Sushi USA presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.60.

Kura Sushi USA Company Profile