Kura Sushi USA Inc reports results for the quarter ended February 28 - Earnings Summary

• Kura Sushi USA Inc KRUS.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended February 28, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -29 cents to -6 cents per share.

• Revenue rose 23.3% to $80.02 million from a year ago; analysts expected $77.59 million.

• Kura Sushi USA Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $1.71 million.

• Kura Sushi USA Inc shares had risen by 4.0% this quarter and gained 38.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"

• Wall Street's median 12-month price target for Kura Sushi USA Inc is $72.50, about 0.1% below its last closing price of $72.60

This summary was machine generated from LSEG data April 7 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)