Earnings Estimates Moving Higher for Casey's (CASY): Time to Buy?

Core Insights - Casey's General Stores (CASY) shows potential as a strong investment due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][9] Earnings Estimate Revisions - The current quarter's earnings estimate is $2.93 per share, reflecting a year-over-year increase of +25.8% [5] - Over the past 30 days, the Zacks Consensus Estimate for Casey's has risen by 8.32%, with two estimates moving higher and no negative revisions [5] - For the full year, the expected earnings are $17.28 per share, representing a year-over-year change of +18.0%, with a 5.56% increase in consensus estimates due to positive revisions [6][7] Analyst Sentiment - There is strong agreement among analysts in raising earnings estimates for Casey's, contributing to a favorable outlook for the stock [3] - The Zacks Rank for Casey's is 2 (Buy), indicating a positive sentiment based on the trend of earnings estimate revisions [8] Stock Performance - The stock has gained 7.6% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [9]