Karooooo (NASDAQ:KARO – Get Free Report) will be announcing its earnings results after the market closes on Monday, October 14th. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Karooooo has set its FY 2025 guidance at 1.469-1.656 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.
Karooooo (NASDAQ:KARO – Get Free Report) last announced its quarterly earnings data on Thursday, July 18th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. The firm had revenue of $58.29 million for the quarter, compared to the consensus estimate of $58.54 million. Karooooo had a net margin of 18.70% and a return on equity of 27.88%. On average, analysts expect Karooooo to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Karooooo Stock Up 10.2 %
Shares of NASDAQ KARO opened at $43.70 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.52 and a quick ratio of 1.52. Karooooo has a 1 year low of $21.01 and a 1 year high of $44.13. The company has a 50 day simple moving average of $38.13 and a 200 day simple moving average of $32.73. The firm has a market cap of $934.31 million, a PE ratio of 34.41 and a beta of 1.01.
Karooooo Increases Dividend
Analyst Upgrades and Downgrades
Separately, Morgan Stanley upped their price target on Karooooo from $31.00 to $37.00 and gave the company an “overweight” rating in a research report on Thursday, July 11th.
View Our Latest Stock Analysis on KARO
About Karooooo
Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics.
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