07:03 AM EDT, 10/15/2024 (MT Newswires) -- Karooooo ( KARO ) reported fiscal Q2 adjusted earnings Tuesday of 7.35 South African rand ($0.41) per diluted share, up from 5.61 rand a year earlier.

Analysts polled by Capital IQ expected 6.85 rand.

Revenue for the fiscal quarter ended Aug. 31 was 1.11 billion rand, up from 1.04 billion rand a year earlier.

Analysts surveyed by Capital IQ expected 1.10 billion rand.

Shares of the automotive software services company declined 1.1% in Tuesday's premarket activity.

Price: 45.00, Change: -0.50, Percent Change: -1.10