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

Karooooo

11/10/2023 23:46

* Karooooo Ltd  KARO.OQ  reported quarterly adjusted
earnings of
R5.61​​ per share for the quarter ended in August. The mean
expectation of three analysts for the quarter was for earnings
of R5.28 per share.
    * Revenue rose 21.1% to R1.04 billion from a year ago;
analysts
expected R1.02 billion. 
    * Karooooo Ltd's reported EPS for the quarter was R5.61​.
    * The mean earnings estimate of analysts had fallen by
about 7.5%
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 risen by 9.9% this quarter and
lost 6.1%
so far this year.
    * The company reported quarterly net income of R173.68
million.
    * Wall Street's median 12-month price target for Karooooo
Ltd is
$30.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 11 at 10:46 p.m. UTC. ​All figures in rand unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      5.28           5.61           Beat
 May. 31 2023      5.44           5.09           Missed
 Feb. 28 2023      4.68           4.70           Beat
 Nov. 30 2022      5.08           4.70           Missed