Karooooo Q1 EPS $0.27 Misses $0.30 Estimate, Sales $53.47M Beat $52.57M Estimate
Portfolio Pulse from totan@benzinga.com
Karooooo (NASDAQ:KARO) reported Q1 earnings of $0.27 per share, missing the analyst consensus estimate of $0.30 by 10 percent. This is a 15.62 percent decrease from the same period last year. However, the company's quarterly sales of $53.47 million beat the analyst consensus estimate of $52.57 million by 1.70 percent, marking a 3.74 percent increase from the previous year.
July 19, 2023 | 8:33 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Karooooo's Q1 earnings per share missed estimates, but sales exceeded expectations. This mixed performance may lead to uncertain short-term price movements.
Karooooo's earnings per share fell short of analyst estimates, which could negatively impact the stock price. However, the company's sales exceeded expectations, which could have a positive effect. The mixed results make the short-term price impact uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100