Karooooo Ltd reports results for the quarter ended August 31 - Earnings Summary

Karooooo

Mon 22:59

Karooooo Ltd KARO.OQ reported quarterly adjusted earnings of R9.28​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of R7.88.  The mean expectation of six analysts for the quarter was for earnings of R9.39 per share. Wall Street expected results to range from R9.11  to R9.69 per share.
Revenue rose 22% to R1.64 billion from a year ago; analysts expected R1.60 billion. 
Karooooo Ltd's reported EPS for the quarter was R9.28​.
The company reported quarterly net income of R286.77 million.
Karooooo Ltd shares had risen by 0.6% this quarter and gained 32.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" 
Wall Street's median 12-month price target for Karooooo Ltd is $75.00, about 17.2% above its last closing price of $62.10
This summary was machine generated from LSEG data October 19 at 09:59 p.m. UTC. ​All figures in rand 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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Aug. 31 2026 
9.39
9.28
Missed
May. 31 2026 
8.84
9.53
Beat
Feb. 28 2026 
8.77
7.19
Missed
Nov. 30 2025 
7.83
8.55
Beat