Kura Sushi USA (NASDAQ:KRUS) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Kura Sushi USA (NASDAQ:KRUS) posted its quarterly earnings results on Thursday. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.03, FiscalAI reports. Kura Sushi USA had a negative net margin of 0.67% and a positive return on equity of 0.18%. The company had revenue of $79.45 million during the quarter, compared to analyst estimates of $78.08 million. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Price Performance

NASDAQ KRUS traded down $6.19 during trading on Friday, reaching $48.54. The company’s stock had a trading volume of 1,080,450 shares, compared to its average volume of 306,249. The firm has a fifty day moving average of $66.38 and a 200 day moving average of $72.47. Kura Sushi USA has a one year low of $40.03 and a one year high of $110.66. The stock has a market capitalization of $586.85 million, a PE ratio of -303.38 and a beta of 1.75.

Wall Street Analyst Weigh In

KRUS has been the topic of a number of analyst reports. TD Cowen decreased their price objective on Kura Sushi USA from $79.00 to $59.00 and set a “hold” rating on the stock in a research note on Friday. Benchmark reduced their target price on Kura Sushi USA from $102.00 to $85.00 and set a “buy” rating for the company in a report on Monday, October 27th. Wall Street Zen cut Kura Sushi USA from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Kura Sushi USA in a research report on Wednesday, October 8th. Finally, Sanford C. Bernstein set a $67.00 price objective on shares of Kura Sushi USA in a research note on Wednesday, October 22nd. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Kura Sushi USA presently has a consensus rating of “Hold” and a consensus price target of $82.13.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of KRUS. Ameriprise Financial Inc. lifted its position in Kura Sushi USA by 17.5% during the second quarter. Ameriprise Financial Inc. now owns 345,958 shares of the company’s stock valued at $29,780,000 after purchasing an additional 51,574 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of Kura Sushi USA by 13.0% in the 2nd quarter. Balyasny Asset Management L.P. now owns 213,105 shares of the company’s stock worth $18,344,000 after buying an additional 24,570 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of Kura Sushi USA during the 2nd quarter valued at $1,532,000. Jane Street Group LLC raised its position in shares of Kura Sushi USA by 122.5% during the 1st quarter. Jane Street Group LLC now owns 18,010 shares of the company’s stock valued at $922,000 after buying an additional 9,914 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Kura Sushi USA by 8.3% during the 2nd quarter. Rhumbline Advisers now owns 9,670 shares of the company’s stock worth $832,000 after acquiring an additional 741 shares during the last quarter. 65.49% of the stock is currently owned by institutional investors.

Kura Sushi USA Company Profile