Karooooo Ltd expected to post earnings of R4.66 a share - Earnings Preview

Karooooo

26/04/2022 01:13

* Karooooo Ltd  KARO.OQ   KARO.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The  Singapore-based   company is expected to report  a
18.0% increase in revenue to R726.543 million from R615.74
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Karooooo Ltd is for
earnings of R4.66 per share. For the same quarter last year, the
company reported earnings of R4.17 per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Karooooo
Ltd is
$44​, above​ its last closing price of $31.89. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in rand). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Nov. 30 2021  4.30        4.39       4.72      Beat    7.4
 Aug. 31 2021  4.27        4.28       3.85      Missed  -10
 May. 31 2021  3.78        3.78       3.90      Beat    3.3​
 Feb. 28 2021  3.69        3.69       4.17      Beat    12.9
 ​​                                                     
                                                        ​
 This summary was machine generated April 26 at 00:13 GMT.  All
figures in rand  unless otherwise stated