Casey's General Stores Q2 EPS $4.24, Sales $4.06B Miss $4.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Casey's General Stores (CASY) reported Q2 earnings of $4.24 per share, surpassing the consensus estimate of $3.60 by 17.78% and marking a 15.53% increase from last year. However, sales of $4.06B slightly missed the $4.07B estimate, though they were up 2.15% from the previous year.
December 11, 2023 | 9:13 pm
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Casey's General Stores reported higher-than-expected Q2 EPS at $4.24, but a slight miss in sales at $4.06B compared to the $4.07B estimate.
The positive earnings beat may be offset by the slight miss in sales revenue. Investors may react positively to the earnings surprise, but the sales miss could temper any potential stock price increase. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100