For the quarter ended July 2024, Casey’s Common Shops (CASY) reported income of $4.1 billion, up 5.9% over the identical interval final 12 months. EPS got here in at $4.83, in comparison with $4.52 within the year-ago quarter.
The reported income represents a shock of -0.34% over the Zacks Consensus Estimate of $4.11 billion. With the consensus EPS estimate being $4.54, the EPS shock was +6.39%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s worth efficiency.
Right here is how Casey’s carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
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Identical-store gross sales – Grocery & Common Merchandise – YoY change
: 1.6% in comparison with the three.5% common estimate primarily based on three analysts.
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Variety of Shops (EOP)
: 2,674 in comparison with the two,681 common estimate primarily based on three analysts.
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Variety of Gasoline gallons offered
: 772.54 million versus the three-analyst common estimate of 765.1 million.
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Identical-store gross sales – Ready Meals & Disbursed Beverage – YoY change
: 4.4% in comparison with the 6% common estimate primarily based on three analysts.
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Identical-store gross sales – Gasoline gallons – YoY change
: 0.7% versus the three-analyst common estimate of 0.8%.
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Variety of Shops (BOP)
: 2,658 versus 2,597 estimated by two analysts on common.
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Web Gross sales- Gasoline
: $2.56 billion in comparison with the $2.53 billion common estimate primarily based on three analysts. The reported quantity represents a change of +5.3% 12 months over 12 months.
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Web Gross sales- Different
: $67.99 million versus the three-analyst common estimate of $69.36 million. The reported quantity represents a year-over-year change of -5.8%.
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Web Gross sales- Ready Meals & Disbursed Beverage
: $405.13 million versus the three-analyst common estimate of $417.34 million. The reported quantity represents a year-over-year change of +8.7%.
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Web Gross sales- Grocery & Common Merchandise
: $1.07 billion in comparison with the $1.09 billion common estimate primarily based on three analysts. The reported quantity represents a change of +7.2% 12 months over 12 months.
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Gross Revenue- Grocery & Common Merchandise
: $378.28 million versus $369.76 million estimated by three analysts on common.
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Gross Revenue- Ready Meals & Disbursed Beverage
: $236.04 million in comparison with the $243.28 million common estimate primarily based on three analysts.
View all Key Company Metrics for Casey’s here>>>
Shares of Casey’s have returned -5% over the previous month versus the Zacks S&P 500 composite’s +3.6% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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Casey’s General Stores, Inc. (CASY) : Free Stock Analysis Report
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