Benzinga | Sep 8, 2020 04:32PM EDT

Casey's General Stores: Q1 Earnings Insights

Shares of Casey's General Stores (NASDAQ:CASY) rose 1.07% in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 40.26% year over year to $3.24, which beat the estimate of $2.11.

Revenue of $2,105,000,000 decreased by 19.87% year over year, which missed the estimate of $2,110,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Casey's General Stores hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $182.99

Company's 52-week low was at $114.01

Price action over last quarter: Up 11.57%

Company Description

Casey's General Stores Inc owns and operates over 2,000 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, the distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.