Here's How Casey's (CASY) Looks Just Ahead Of Q3 Earnings

 | Mar 03, 2020 09:30PM ET

Casey's General Stores, Inc. (NASDAQ:CASY) is likely to report a year-over-year decline in the bottom line when it releases third-quarter fiscal 2020 results. Nonetheless, this convenience store operator delivered a positive earnings surprise of 5.2% in the last reported quarter. Moreover, the company’s earnings have outperformed the Zacks Consensus Estimate by 27.4%, on average, in the trailing four quarters.

The Zacks Consensus Estimate for third-quarter earnings has dropped by a penny over the past 30 days to 87 cents per share. This suggests a decline of 23% from the year-ago period’s reported figure. Nonetheless, the consensus mark for revenues is pegged at $2,290 million, indicating a rise of 11.8% from the figure reported in the year-ago quarter.

Casey's General Stores, Inc. Price and EPS Surprise

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