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Casey’s(CASY) - 2025 Q1 - Quarterly Results
2024-09-04 21:34
Exhibit 99.1 FOR IMMEDIATE RELEASE Casey's General Stores, Inc. One SE Convenience Blvd Ankeny, IA 50021 Casey's Announces First Quarter Results Ankeny, IA, September 4, 2024 - Casey's General Stores, Inc. ("Casey's" or the "Company") (Nasdaq: CASY) one of the leading convenience store chains in the United States, today announced financial results for the three months ended July 31, 2024. First Quarter Key Highlights • Diluted EPS of $4.83, up 7% from the same period a year ago. Net income was $180 million, ...
Casey's Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-09-04 14:07
Casey's General Stores, Inc. CASY will release earnings results for its first quarter, after the closing bell on Wednesday, Sept. 4. Read This Next: Analysts expect the Ankeny, Iowa-based company to report quarterly earnings at $4.52 per share, compared to $4.52 per share in the year-ago period. Casey's is projected to post revenue of $4.2 billion, according to data from Benzinga Pro. On July 26, Caseys announced it will acquire Fikes Wholesale for $1.145 billion to expand its presence in Texas and southern ...
3 No-Brainer Stocks to Buy and Hold Long-Term
MarketBeat· 2024-09-04 11:01
No-brainer stocks are easy to own because they require little analysis to uncover their strengths, which include growth, cash flow, fortress balance sheets, and capital returns. From the buy-and-hold perspective, they fit right into the Warren Buffett school of investing and can deliver value for investors year after year. That's because they operate in must-have industries similar to dentists, barbers, and morticians; as unexciting as the work can be, their services are needed, well-entrenched, with little ...
Casey's Q1 Earnings on the Horizon: What Investors Need to Know
ZACKS· 2024-09-03 17:01
Casey's General Stores, Inc. (CASY) is poised to release its first-quarter earnings for fiscal 2025 on Sep. 4 after the closing bell. Investors are anticipating another decent performance from this convenience store chain operator, with expectations of both revenue growth and a slight uptick in earnings per share. Analysts are optimistic about Casey's revenue prospects for the quarter. The Zacks Consensus Estimate places revenues at $4,112 million, indicating a 6.3% increase compared to the same quarter las ...
Unveiling Casey's (CASY) Q1 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-08-29 14:15
In its upcoming report, Casey's General Stores (CASY) is predicted by Wall Street analysts to post quarterly earnings of $4.50 per share, reflecting a decline of 0.4% compared to the same period last year. Revenues are forecasted to be $4.11 billion, representing a year-over-year increase of 6.3%. The consensus EPS estimate for the quarter has undergone a downward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed th ...
Why Casey's (CASY) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-08-28 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Casey's General Stores (CASY) , which belongs to the Zacks Retail - Convenience Stores industry, could be a great candidate to consider. This convenience store chain has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 21.78%. Fo ...
Casey's General Stores (CASY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-08-28 15:00
Wall Street expects a year-over-year decline in earnings on higher revenues when Casey's General Stores (CASY) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Sep ...
2 Dividend Stocks That Can Outperform the S&P 500 Over the Next Five Years
The Motley Fool· 2024-08-27 09:40
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 ...
1 Unstoppable Multibagger Up 4,290% Since 2000 to Buy and Hold Forever Following its $1.1 Billion Acquisition
The Motley Fool· 2024-08-17 22:34
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 ...
3 Consumer Staples Stocks to Consider for Defense Investing
Investor Place· 2024-08-07 10:15
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 ...