Earnings Outlook For Casey's General Stores

Earnings Outlook For Casey's General Stores

Casey's General Stores CASY is set to give its latest quarterly earnings report on Wednesday, 2022-09-07. Here's what investors need to know before the announcement.

Analysts estimate that Casey's General Stores will report an earnings per share (EPS) of $3.34.

Casey's General Stores bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 4.03% drop in the share price the next day.

Here's a look at Casey's General Stores's past performance and the resulting price change:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.59 1.45 2.92 2.96
EPS Actual 1.60 1.71 2.59 3.19
Price Change % -4.03% 7.79% -6.89% -4.75%

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.59 1.45 2.92 2.96
EPS Actual 1.60 1.71 2.59 3.19
Price Change % -4.03% 7.79% -6.89% -4.75%

Stock Performance

Shares of Casey's General Stores were trading at $213.24 as of September 05. Over the last 52-week period, shares are up 11.12%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Casey's General Stores visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-EPEarnings