BUZZ-Casey's General Stores stock soars to record after quarterly report

Reuters
06/11
BUZZ-Casey's General Stores stock soars to record after quarterly report

** Shares in Casey's General Stores Inc CASY.O gap higher, jumping 12.9%, hitting record high on Tuesday after fiscal Q4 EPS and rev beat Street expectations

** CASY, a convenience store/pizza chain, reported adj Q4 EPS of $2.63 vs Wall Street consensus of $1.95 while its rev of $3.99 bln compared with consensus of $3.93 bln, according to data gathered by LSEG

** Casey's same-store-sales rose 1.7% vs mean expectation for 2.47% increase

** Co increased quarterly dividend by 14%, forecast fiscal 2026 EBITDA increase of 10% to 12%, forecast inside same-store-sales to increase 2% to 5%; current estimate is for a same-store-sales rise of 3.68%

** CASY, on track for biggest one-day pct gain in a year, last traded at $496 vs median PT of $465, which is up $10 from month ago, according to LSEG, which shows 17 analyst ratings: 6 'strong buy,' 6 'buy,' 4 'hold' and 1 'sell' recommendation

** YTD up ~24% vs ~7% gain for S&P 400 consumer staples index .SPMDCS

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10