Casey's General Stores Q1 EPS $4.52 Vs $4.09 Prior Year, Sales $3.87B Miss $3.89B Estimate
Portfolio Pulse from Benzinga Newsdesk
Casey's General Stores reported Q1 earnings of $4.52 per share, a 10.51% increase from the same period last year. However, the company's quarterly sales of $3.87 billion missed the analyst consensus estimate of $3.89 billion by 0.54%, marking a 13.15% decrease from last year.
September 11, 2023 | 8:23 pm
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Casey's General Stores reported a YoY increase in Q1 earnings but missed sales estimates, indicating mixed financial performance.
The increase in earnings per share indicates a positive financial performance for Casey's General Stores. However, the missed sales estimates and decrease in sales compared to the same period last year could negatively impact investor sentiment, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100