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Karooooo Fiscal Q1 Earnings, Revenue Rise; Fiscal 2025 EPS Outlook Maintained
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Karooooo Fiscal Q1 Earnings, Revenue Rise; Fiscal 2025 EPS Outlook Maintained
Jul 18, 2024 2:19 PM

04:59 PM EDT, 07/18/2024 (MT Newswires) -- Karooooo ( KARO ) reported fiscal Q1 earnings late Thursday of 7.17 South African rand ($0.39) per diluted share, up from 5.09 rand per share a year earlier.

Two analysts polled by Capital IQ expected 6.54 rand.

Revenue for the quarter ended May 31 rose to 1.08 billion rand from 996.8 million rand a year earlier.

Three analysts surveyed by Capital IQ expected 1.06 billion rand.

For fiscal 2025, the company said it continues to expect EPS of 27.50 to 31 rand.

Two analysts polled by Capital IQ are looking for 28.57 rand.

Karooooo ( KARO ) shares were up 2.2% in after-hours activity.

Price: 34.74, Change: +0.74, Percent Change: +2.18

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