JP Morgan Maintains Neutral on Casey's General Stores, Lowers Price Target to $833
JP Morgan analyst Thomas Palmer maintains Casey's General Stores (NASDAQ:CASY) with a Neutral and lowers the price target from $975 to $833.
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Casey's Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Casey’s General Stores will report Q1 earnings Sept. 8; analysts expect EPS of $6.81 and revenue of $5.56B, with mixed ratings.
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Seeking Clues to Casey's (CASY) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Casey's General Stores is expected to report Q1 earnings of $6.59 per share (up 14.2% YoY) with revenues of $5.65 billion (up 23.8% YoY). Key metrics show strong fuel sales growth at 44.2% YoY, store expansion to 2,968 locations, and modest growth in other segments. However, the stock has underperformed with a -9.9% return over the past month and carries a Zacks Rank #4 (Sell) rating.
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