Casey’s General Stores – Growth And Income – Zacks Rank Buy
Alex Kolb (October 16th, 2009) Writes:
Company Description
Casey's General Stores, Inc. together with its subsidiaries, operate convenience stores under the Casey's General Stores name in the Midwest states. It has operations in Iowa, Missouri, Illinois Kansas, Minnesota, Nebraska, South Dakota, Wisconsin, and Indiana. The company was founded in 1959 and is headquartered in Ankeny, Iowa.
A Solid Quarter
The company announced fiscal first-quarter results in early September. Earnings of 87 cents per share, exceeded the Zacks Consensus Estimate by 45% and topped the year-prior total. During the past 4 consecutive quarters, Casey's delivered an average upside earnings surprise of 17.5%.
"Strong gas margins and enhanced profitability inside the stores were
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