Karooooo Ltd expected to post earnings of R5.44 a share - Earnings Preview

Karooooo

17/07/2023 21:10

* Karooooo Ltd  KARO.OQ   KARO.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 19. 
    * The  Singapore-based   company is expected to report  a
19.0% increase in revenue to R954.109 million from R801.44
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Karooooo Ltd is for
earnings of R5.44 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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
$27​, above​ its last closing price of $23.97. ​​​

Previous quarterly performance (using preferred earnings measure
in rand). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2023  4.68        4.68       4.70      Beat    0.4
 Nov. 30 2023  5.20        5.08       4.70      Missed  -7.5
 Aug. 31 2022  4.86        4.83       4.93      Beat    2.1​
 May. 31 2022  4.30        4.31       4.96      Beat    15
 ​​Feb.        4.64        4.66       3.61      Missed  -22.5
 28 2022                                                
 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
 This summary was machine generated July 17 at 20:10 GMT.  All
figures in rand  unless otherwise stated