Casey's Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Author: Avi Kapoor | September 04, 2024 10:07am

Casey’s General Stores, Inc. (NASDAQ:CASY) will release earnings results for its first quarter, after the closing bell on Wednesday, Sept. 4.

Analysts expect the Ankeny, Iowa-based company to report quarterly earnings at $4.52 per share, compared to $4.52 per share in the year-ago period. Casey’s is projected to post revenue of $4.2 billion, according to data from Benzinga Pro.

On July 26, Caseys announced it will acquire Fikes Wholesale for $1.145 billion to expand its presence in Texas and southern markets.

Casey’s shares fell 2% to close at $354.92 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Benchmark analyst John Lawrence reiterated a Buy rating with a price target of $410 on Sept. 3. This analyst has an accuracy rate of 66%.
• Deutsche Bank analyst Krisztina Katai maintained a Buy rating and boosted the price target from $420 to $444 on July 29. This analyst has an accuracy rate of 63%.
• Wells Fargo analyst Anthony Bonadio maintained an Overweight rating and increased the price target from $340 to $415 on June 13. This analyst has an accuracy rate of 81%.
• BMO Capital analyst Kelly Bania maintained a Market Perform rating and boosted the price target from $305 to $400 on June 13. This analyst has an accuracy rate of 62%.
• Jefferies analyst Corey Tarlowe maintained a Buy rating and raised the price target from $342 to $445 on June 12. This analyst has an accuracy rate of 65%.

Considering buying CASY stock? Here’s what analysts think:

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Posted In: CASY