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

Karooooo

27/04/2022 23:37

* Karooooo Ltd  KARO.OQ  reported quarterly adjusted
earnings of
R3.61​​ per share for the quarter ended in February. The mean
expectation of four analysts for the quarter was for earnings of
R4.66 per share.
    * Revenue rose 20.4% to R741.65 million from a year ago; 
analysts
expected R726.54 million. 
    * Karooooo Ltd's reported EPS for the quarter was R3.11​.
    * The mean earnings estimate of analysts was unchanged 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 1.2% this quarter and
lost 26.4% so far this year.
    * The company reported quarterly net income of R96.33
million.
    * Wall Street's median 12-month price target for Karooooo
Ltd is
$44.00 
    * 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 April 27 at 10:36 p.m.  ​All
figures in rand unless otherwise stated