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

Karooooo

09/05/2023 07:33

* Karooooo Ltd  KARO.OQ  reported quarterly adjusted
earnings of
R4.70​​ per share for the quarter ended in February. The mean
expectation of three analysts for the quarter was for earnings
of R4.68 per share.
    * Revenue rose 23.6% to R916.36 million from a year ago;
analysts
expected R949.10 million. 
    * Karooooo Ltd's reported EPS for the quarter was R4.70​.
    * 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 fallen by 5.2% this quarter and
lost 5.6% so far this year.
    * The company reported quarterly net income of R149.9
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 May
9 at 06:32 a.m. UTC. ​All figures in rand unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      4.68           4.70           Beat
 Nov. 30 2022      5.08           4.70           Missed
 Aug. 31 2022      4.83           4.93           Beat
 May. 31 2022      4.31           4.96           Beat