Karooooo Ltd expected to post earnings of R6.93 a share - Earnings Preview

Reuters
11 Jan
Karooooo Ltd <karo.oq> expected to post earnings of R6.93 a share - Earnings Preview </karo.oq>
  • Karooooo Ltd KARO.OQ KARO.O is expected to show a rise in quarterly revenue when it reports results on January 14 for the period ending November 30 2024

  • The Singapore-based company is expected to report a 6.2% increase in revenue to R1.147 billion from R1.08 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Karooooo Ltd is for earnings of R6.93 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Karooooo Ltd is $44.50​, below​ its last closing price of $50.00. ​​​

This summary was machine generated January 10 at 21:10 GMT. All figures in rand unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10