Caseys General Stores (CASY) Issues Quarterly Earnings Results, Misses Expectations By $0.12 EPS
Caseys General Stores (NASDAQ:CASY) released its earnings results on Monday. The company reported $1.28 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.12), Briefing.com reports. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis.
Caseys General Stores (NASDAQ CASY) opened at $121.25 on Tuesday. The firm has a market cap of $4,729.94, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 2.65 and a beta of 0.46. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.48. Caseys General Stores has a 12 month low of $99.76 and a 12 month high of $126.49.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.86%. Caseys General Stores’s dividend payout ratio is presently 24.53%.
In other Caseys General Stores news, SVP Brian Joseph Johnson sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the transaction, the senior vice president now owns 8,229 shares in the company, valued at approximately $888,814.29. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by corporate insiders.
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About Caseys General Stores
Casey’s General Stores, Inc and its subsidiaries, operate convenience stores under the name Casey’s General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.
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