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Casey's: Fiscal Q2 Earnings Snapshot - WTOP News


Casey's: Fiscal Q2 Earnings Snapshot - WTOP News

ANKENY, Iowa (AP) -- ANKENY, Iowa (AP) -- Casey's General Stores Inc. (CASY) on Monday reported fiscal second-quarter net income of $180.9 million.

The Ankeny, Iowa-based company said it had net income of $4.85 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.24 per share.

The convenience store chain posted revenue of $3.95 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $4.01 billion.

Casey's shares have risen 52% since the beginning of the year. In the final minutes of trading on Monday, shares hit $418.24, a climb of 52% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CASY at https://www.zacks.com/ap/CASY

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

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