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 ...

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 ...

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 ...

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 ...