Casey's General Stores Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Casey's General Stores (NASDAQ:CASY) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$3.33b (flat on 3Q 2023).
• Net income: US$86.9m (down 13% from 3Q 2023).
• Profit margin: 2.6% (down from 3.0% in 3Q 2023).
• EPS: US$2.34 (down from US$2.69 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Casey's General Stores EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 8.8%.

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in the US.

Performance of the American Consumer Retailing industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Casey's General Stores that you should be aware of.

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