Karooooo (KARO) Set to Post Earnings on Tuesday

Key Points

• Karooooo is expected to report fiscal Q2 2027 results after Tuesday’s market close, with analysts forecasting earnings of $0.589 per share and revenue of $98.81 million.
• The company exceeded expectations in its latest quarter, reporting EPS of $0.59 versus the $0.51 consensus estimate, while generating $96.26 million in revenue.
• Analyst sentiment remains favorable, with five Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $73.50, compared with the stock’s $61.00 opening price.

Karooooo (NASDAQ:KARO - Get Free Report) is expected to release its Q2 2027 results after the market closes on Tuesday, October 13th. Analysts expect the company to announce earnings of $0.5890 per share and revenue of $98.8090 million for the quarter. Interested persons can check the company's upcoming Q2 2027 earning results page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 8:00 AM ET.

Karooooo (NASDAQ:KARO - Get Free Report) last announced its earnings results on Thursday, July 16th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.08. The firm had revenue of $96.26 million during the quarter. Karooooo had a return on equity of 32.03% and a net margin of 17.74%. On average, analysts expect Karooooo to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Karooooo Trading Up 1.7%

NASDAQ:KARO opened at $61.00 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $1.88 billion, a PE ratio of 30.96 and a beta of 0.89. The firm's 50 day moving average is $64.06 and its 200 day moving average is $55.44. Karooooo has a 12 month low of $41.25 and a 12 month high of $68.80.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on KARO shares. Raymond James Financial upped their target price on Karooooo from $60.00 to $75.00 and gave the stock an "outperform" rating in a research note on Friday, July 17th. UBS Group restated a "buy" rating and set a $75.00 price objective on shares of Karooooo in a research report on Thursday, July 16th. Needham & Company LLC lifted their price objective on shares of Karooooo from $60.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. Freedom Capital lowered shares of Karooooo from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 17th. Finally, Wall Street Zen raised Karooooo from a "hold" rating to a "buy" rating in a research note on Monday, August 17th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $73.50.

Insider Activity at Karooooo

In other Karooooo news, CEO Isaias Calisto sold 6,202 shares of the business's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $63.50, for a total value of $393,827.00. Following the sale, the chief executive officer directly owned 17,640,700 shares of the company's stock, valued at approximately $1,120,184,450. The trade was a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last quarter, insiders have sold 277,617 shares of company stock worth $17,840,247. Insiders own 74.73% of the company's stock.

About Karooooo

Karooooo Ltd. is a technology company that provides software-as-a-service solutions for connected vehicles, fleet management, and mobility operations. Through its Cartrack business, the company offers vehicle tracking, fleet monitoring, driver safety tools, asset management, and data analytics designed to help businesses improve productivity, security, and operational efficiency.

Cartrack's platform collects and analyzes telematics data, providing customers with real-time visibility into vehicles and other mobile assets.

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