For the quarter ended October 2024, Casey’s Basic Shops (CASY) reported income of $3.95 billion, down 2.9% over the identical interval final yr. EPS got here in at $4.85, in comparison with $4.24 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $4.01 billion, representing a shock of -1.48%. The corporate delivered an EPS shock of +14.39%, with the consensus EPS estimate being $4.24.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play an important function 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 value 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 Road analysts:
- Identical-store gross sales – Grocery & Basic Merchandise – YoY change: 3.6% versus 4.1% estimated by three analysts on common.
- Variety of Shops (EOP): 2,685 in comparison with the two,690 common estimate primarily based on three analysts.
- Variety of Gasoline gallons offered: 775.91 million versus 762.51 million estimated by three analysts on common.
- Identical-store gross sales – Ready Meals & Distributed Beverage – YoY change: 5.2% versus the three-analyst common estimate of 5.2%.
- Identical-store gross sales – Gasoline gallons – YoY change: -0.6% in comparison with the 0.2% common estimate primarily based on three analysts.
- Variety of Shops (BOP): 2,658 versus 2,674 estimated by two analysts on common.
- Web Gross sales- Gasoline: $2.41 billion versus the three-analyst common estimate of $2.50 billion. The reported quantity represents a year-over-year change of -8.8%.
- Web Gross sales- Different: $64.62 million versus the three-analyst common estimate of $66.41 million. The reported quantity represents a year-over-year change of -9%.
- Web Gross sales- Ready Meals & Distributed Beverage: $417.83 million in comparison with the $418.61 million common estimate primarily based on three analysts. The reported quantity represents a change of +9.2% yr over yr.
- Web Gross sales- Grocery & Basic Merchandise: $1.05 billion versus the three-analyst common estimate of $1.04 billion. The reported quantity represents a year-over-year change of +8.8%.
- Gross Revenue- Grocery & Basic Merchandise: $374.19 million versus $361.60 million estimated by three analysts on common.
- Gross Revenue- Ready Meals & Distributed Beverage: $245.46 million versus $244.84 million estimated by three analysts on common.
View all Key Company Metrics for Casey’s here>>>
Shares of Casey’s have returned +2.3% over the previous month versus the Zacks S&P 500 composite’s +2.9% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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