Casey's General Stores (NASDAQ:CASY) Second Quarter 2023 Results
Key Financial Results
Net income: US$137.6m (up 42% from 2Q 2022).
EPS: US$3.69 (up from US$2.61 in 2Q 2022).
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 1.2%. Earnings per share (EPS) exceeded analyst estimates by 15%.
Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in the US.
The company's shares are up 1.6% from a week ago.
You still need to take note of risks, for example - Casey's General Stores has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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