Casey’s General Stores Inc. stock rose nearly 2% in the extended session Tuesday after the convenience-store operator reported third-quarter profit above...
Casey’s General Stores Inc.
stock rose nearly 2% in the extended session Tuesday after the convenience-store operator reported third-quarter profit above Wall Street expectations, saying it managed its expenses well amid “challenging” inflation. Casey’s earned $100 million, or $2.67 a share, in the quarter, compared with $64 million, or $1.71 a share, in the year-ago period. Revenue rose to $3.33 billion from $3.05 billion a year ago, the company said. FactSet consensus called for EPS of $1.97 on sales of $3.3 billion.
stock rose nearly 2% in the extended session Tuesday after the convenience-store operator reported third-quarter profit above Wall Street expectations, saying it managed its expenses well amid “challenging” inflation. Casey’s earned $100 million, or $2.67 a share, in the quarter, compared with $64 million, or $1.71 a share, in the year-ago period. Revenue rose to $3.33 billion from $3.05 billion a year ago, the company said. FactSet consensus called for EPS of $1.97 on sales of $3.3 billion.
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