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

Karooooo

12/10/2022 22:01

* Karooooo Ltd  KARO.OQ  reported quarterly adjusted
earnings of
R4.86​​ per share for the quarter ended in August. The mean
expectation of three analysts for the quarter was for earnings
of R4.83 per share.
    * Revenue rose 30.4% to R859.28 million from a year ago;
analysts
expected R816.63 million. 
    * Karooooo Ltd's reported EPS for the quarter was R4.93​.
    * The mean earnings estimate of analysts had risen by
about 7.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Karooooo Ltd shares had fallen by 11.7% this quarter and
lost 48.5% so far this year.
    * The company reported quarterly net income of R152.54
million.
    * Wall Street's median 12-month price target for Karooooo
Ltd is
$37.50 
    * 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." 

This summary was machine generated from Refinitiv data October
12 at 09:01 p.m.  ​All figures in rand unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      4.83           4.86           Beat
 May. 31 2022      4.31           4.96           Beat
 Feb. 28 2022      4.66           3.61           Missed
 Nov. 30 2021      4.39           4.72           Beat