Casey’s General Stores (NASDAQ:CASY) released its quarterly earnings results on Monday. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.28, Briefing.com reports. Casey’s General Stores had a net margin of 2.34% and a return on equity of 15.84%. The business had revenue of $2.63 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the previous year, the company earned $1.90 earnings per share. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year.
Shares of Casey’s General Stores stock opened at $169.96 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.69 and a debt-to-equity ratio of 0.91. The company has a market cap of $6.15 billion, a PE ratio of 30.85, a P/E/G ratio of 3.20 and a beta of 0.55. The business has a 50 day moving average of $167.00 and a 200 day moving average of $145.54. Casey’s General Stores has a 52 week low of $116.23 and a 52 week high of $173.31.
In related news, Director H Lynn Horak sold 3,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $154.55, for a total value of $463,650.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Brian Joseph Johnson sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $156.48, for a total transaction of $625,920.00. Following the completion of the sale, the senior vice president now owns 14,817 shares of the company’s stock, valued at $2,318,564.16. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.
Casey’s General Stores Company Profile
Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. The company's stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; school supplies, housewares, and pet supplies; and other nonfood items.
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