Recap: Kura Sushi USA Q1 Earnings - Kura Sushi USA (NASDAQ:KRUS)

Kura Sushi USA KRUS reported its Q1 earnings results on Thursday, January 4, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Kura Sushi USA missed estimated earnings by 80.0%, reporting an EPS of $-0.18 versus an estimate of $-0.1.

Revenue was up $12.16 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 10.54% drop in the share price the next day.

Here's a look at Kura Sushi USA's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.24	0.13	-0.22	-0.18
EPS Actual	0.25	0.16	-0.10	-0.21
Revenue Estimate	55.78M	49.57M	41.79M	39.75M
Revenue Actual	54.93M	49.24M	43.94M	39.32M

To track all earnings releases for Kura Sushi USA visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.