Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Casey's General Stores despite higher revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to show earnings of $4.50 per share, reflecting a -0.4% change year-over-year, while revenues are projected to be $4.11 billion, an increase of 6.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.35% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Casey's is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.21%, suggesting a likely earnings beat [10]. Historical Performance - In the last reported quarter, Casey's exceeded expectations by delivering earnings of $2.34 per share against an expected $1.70, achieving a surprise of +37.65% [11]. The company has beaten consensus EPS estimates in all of the last four quarters [12]. Investment Considerations - While Casey's shows potential as an earnings-beat candidate, other factors should also be considered when making investment decisions [15].

These are solid businesses that will help you build wealth and sleep well at night. Over the past 50 years, the S&P 500 has historically delivered a total annualized average return that hovers around 10%. That return also approximates the average company's earnings growth over the long term. It follows then that if you want to beat the broader market's return, you should focus on stocks that are fairly priced and have above-average earnings growth prospects. Investing in growth stocks is the easiest way to ...

Casey's General Stores' aptitude for making shrewd acquisitions and delicious pizzas is proving to be a winning combination. Founded in 1959, Iowa-based Casey's General Stores (CASY 0.49%) has steadily expanded through the Midwest to become the third-largest convenience chain by store count in the United States. While this size alone makes Casey's a major player in the convenience store (c-store) industry, it is the company's beloved pizza that sets it apart from the crowd. As the fifth-largest pizza chain ...

Investing in consumer staples stocks are essential for investors during strong economic times, especially during a shift into economic stagnation. They provide investors with a strong base that isn't wildly affected by investor selloffs. On Aug. 5, Japan's Nikkei 225 Index fell over 13%, shocking the global market. Consumer staples stocks were not nearly as affected as other industries such as tech, healthcare, and financials. Some consumer staples stocks provide investors with a safety net and a challengin ...

Market forecasts are growing increasingly pessimistic. U.S. investment bank Morgan Stanley (NYSE:MS) warned earlier in July that the stock market is headed for a correction in the current third quarter. Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said stocks are likely to pull back due to uncertainty surrounding the presidential election, corporate earnings and interest rates. So far, the bearish views look accurate, with the benchmark S&P 500 index having fallen 4% since mid-July. Here ...

The acquisition, valued at $1.145 billion in an all-cash transaction, includes tax benefits worth approximately $165 million, reducing the net after-tax purchase price to $980 million. This buyout involves 198 retail stores and a dealer network, which would increase Casey's footprint to nearly 2,900 stores across the United States. Image Source: Zacks Investment Research The acquisition of Fikes is expected to deliver substantial operational and financial benefits to Casey's. The strategic alignment and sha ...

With the latest surge in mid-cap stocks and the recent slip in larger-cap names, showing more love to lesserknown companies makes sense as market breadth looks to improve. Indeed, mid-cap plays can be a choppier ride, but many such names offer next-level growth, and with relatively few watchers, perhaps they also have more to offer on the value front. Indeed, after a 125% past-year rally, the fast-rising member of the IJH ETF seems worth watching. Despite more than doubling in a year, shares of the upscale ...

Zacks Premium also includes the Zacks Style Scores. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. Growth Score The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. To maximize your ...

Casey's General Stores Inc. (CASY) continues to distinguish itself in the convenience store sector through robust operational strategies that bolster its market position and financial performance. A resilient business operating model, stellar omnichannel capabilities, expanded customer outreach and exclusive private-label offerings strengthen Casey's competitive position. Casey's focus on technology advancements, merchandise ordering efficiency, inventory management and data analytics positions it well for ...

We could issue additional shares for investment, acquisition, or other business purposes. Even if there is not an immediate need for capital, we may choose to issue securities to sell in public or private equity markets, if and when conditions are favorable. Raising funds by issuing securities would dilute the ownership interests of our existing shareholders. Additionally, certain types of equity securities we may issue in the future could have rights, preferences, or privileges senior to the rights of exis ...