Karooooo (KARO) to Release Quarterly Earnings on Thursday

Karooooo (NASDAQ:KARO - Get Free Report) will likely be issuing its Q1 2026 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $1.25 billion for the quarter. Karooooo has set its FY 2026 guidance at 1.750-1.910 EPS.

Karooooo (NASDAQ:KARO - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.07. The firm had revenue of $65.12 million during the quarter, compared to analysts' expectations of $1.18 billion. Karooooo had a net margin of 20.17% and a return on equity of 30.98%. During the same period in the prior year, the company posted $6.81 earnings per share. On average, analysts expect Karooooo to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Karooooo Stock Performance

NASDAQ KARO traded down $1.06 during trading hours on Friday, hitting $49.00. 38,174 shares of the stock were exchanged, compared to its average volume of 43,225. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 29.88 and a beta of 1.08. Karooooo has a 12-month low of $28.04 and a 12-month high of $63.36. The stock has a 50-day moving average of $50.72 and a 200 day moving average of $46.35. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.05.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Raymond James Financial increased their target price on shares of Karooooo from $51.00 to $58.00 and gave the company an "outperform" rating in a report on Friday, May 16th. Morgan Stanley restated an "overweight" rating and set a $53.00 target price (up previously from $43.00) on shares of Karooooo in a research report on Thursday, June 26th.

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.