Karooooo Ltd.: Fiscal Q2 Earnings Snapshot

SINGAPORE (AP) — SINGAPORE (AP) — Karooooo Ltd. (KARO) on Monday reported fiscal second-quarter profit of $17.6 million.

On a per-share basis, the Singapore-based company said it had net income of 57 cents.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 57 cents per share.

The company posted revenue of $100.7 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $97.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KARO at https://www.zacks.com/ap/KARO