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 ...

Group 1: Cintas Corporation - Cintas will complete a 4:1 stock split in September, which is expected to lead to a significant increase in stock price, supported by strong fundamentals [2] - The company operates in a fragmented market, providing uniform rental and ancillary services, with organic growth projected at a mid-single-digit pace for 2024 [3] - Cintas reported a 22% operating margin, positive cash flow, and a nearly 3X increase in cash, alongside increased assets and decreased debt [3][4] - The company has a dividend yield of 0.78% and a payout ratio under 40%, allowing for distribution increases driven by earnings growth forecasted between 7.5% and over 10% [4] - Cintas has a strong balance sheet with total long-term liabilities less than 1X equity, positioning it well for continued investment in growth [4] Group 2: Casey's General Stores - Casey's General Stores operates a growing chain of gas stations and convenience stores, producing solid cash flows and improving margins [5] - The company reported a 5.6% increase in inside sales and 1% growth in sold fuel gallons, with guidance for continued organic and store count growth in F2025 [5][6] - Casey's shares have increased by 35% in 2024 and over 400% in the last decade, reflecting strong performance [5] Group 3: Shopify - Shopify is positioned as a necessary eCommerce platform for small businesses and larger firms, with strong double-digit growth and improved margins expected in 2024 [9][10] - The company has significantly improved free cash flow, with a low leverage ratio of about 0.15X equity and 0.2X assets, allowing for continued growth and reinvestment [10] - Shopify's cash flow is expected to remain strong, supporting debt reduction and balance sheet improvement, setting the stage for future dividends and share repurchases [10]

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 ...

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 ...

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].

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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 ...