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

Kura Sushi USA (NASDAQ:KRUS) is projected 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.Parties interested in participating in the company’s conference call can do so using this link.

Kura Sushi USA (NASDAQ:KRUS) last announced its earnings results on Tuesday, January 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate 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 Down 8.0 %

KRUS opened at $43.61 on Friday. 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 $526.20 million, a P/E ratio of -64.13 and a beta of 1.72. The firm’s 50-day moving average price is $64.25 and its 200-day moving average price is $81.78.

Insiders Place Their Bets

In related news, Director Seitaro Ishii sold 6,918 shares of the firm’s 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 directly owns 1,313 shares in the company, valued at $109,018.39. This trade represents a 84.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.30% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on KRUS. Citigroup cut their target price 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 restated a “hold” rating and set a $72.00 price objective on shares of Kura Sushi USA in a research report on Friday. TD Cowen started coverage on shares of Kura Sushi USA in a report on Tuesday, February 25th. They issued a “hold” rating and a $72.00 target price on the stock. Benchmark cut 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 report on Tuesday, March 25th. Finally, Barclays decreased their price objective on Kura Sushi USA from $102.00 to $75.00 and set an “equal weight” rating on the stock in a report on Wednesday. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Kura Sushi USA presently has an average rating of “Moderate Buy” and an average target price of $86.00.

About Kura Sushi USA