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

Karooooo

19/01/2023 22:01

* Karooooo Ltd  KARO.OQ  reported quarterly adjusted
earnings of
R4.70​​ per share for the quarter ended in November. The mean
expectation of three analysts for the quarter was for earnings
of R5.08 per share.
    * Revenue rose 29.2% to R929.99 million from a year ago;
analysts
expected R885.87 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 risen by 1.0% this quarter.
    * The company reported quarterly net income of R145.55
million.
    * Wall Street's median 12-month price target for Karooooo
Ltd is
$30.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
19 at 10:01 p.m.  ​All figures in rand unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2022      5.08           4.70           Missed
 Aug. 31 2022      4.83           4.93           Beat
 May. 31 2022      4.31           4.96           Beat
 Feb. 28 2022      4.66           3.61           Missed