Karooooo revenue rises 22% to R1.64 billion, EPS slightly misses forecasts
Karooooo reported adjusted EPS of R9.28 for the quarter to August 31, below the R9.39 consensus, while revenue rose 22% to R1.64 billion.
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what happened
Karooooo Ltd posted adjusted earnings of R9.28 per share for the quarter ended August 31, up from R7.88 a year earlier. The mean estimate of six analysts was R9.39, so the result came in slightly below expectations. Revenue climbed 22% to R1.64 billion, beating the R1.60 billion forecast, and quarterly net income reached R286.77 million. The data comes from the Earnings Summary service, which relies on LSEG figures.
Analysts' earnings estimates for the company fell about 0.1% over the past three months, with no revisions in the last 30 days. Five analysts rate the shares buy or strong buy, one holds, and none recommend selling. The median 12-month price target is $75.00, about 17.2% above the last close of $62.10.
why it matters
The revenue beat matters more to the market than the small EPS shortfall. The shares are up 32.7% so far this year, so some optimism may already be reflected in the price. Quarterly results have been mixed, with the previous quarter a beat and the one before a miss.
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sources
- Karooooo Ltd reports results for the quarter ended August 31 — Earnings Summary, 19 October 2026 at 21:59 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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