Karooooo (NASDAQ:KARO) Issues FY 2025 Earnings Guidance

Karooooo (NASDAQ:KARO) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.469-1.656 for the period, compared to the consensus earnings per share estimate of 1.560. The company issued revenue guidance of -.

Karooooo Price Performance

NASDAQ:KARO opened at $34.22 on Friday. Karooooo has a 1-year low of $18.59 and a 1-year high of $37.11. The firm’s 50-day moving average price is $30.73 and its 200-day moving average price is $27.47. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.06.

Karooooo (NASDAQ:KARO) last released its earnings results on Wednesday, May 15th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Karooooo had a return on equity of 28.82% and a net margin of 18.70%. The firm had revenue of $57.64 million for the quarter, compared to analysts’ expectations of $55.54 million. On average, sell-side analysts anticipate that Karooooo will post 1.55 EPS for the current year.

Analyst Ratings Changes

Separately, Morgan Stanley upped their target price on shares of Karooooo from $31.00 to $37.00 and gave the stock an overweight rating in a research note on Thursday, July 11th.

Karooooo Company Profile

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.