Yahoo Finance Casey's General Stores Full Year 2024 Earnings: EPS Beats Expectations
Casey's General Stores (NASDAQ:CASY) Full Year 2024 Results
Key Financial Results
Revenue: US$14.9b (down 1.5% from FY 2023).
Net income: US$502.0m (up 12% from FY 2023).
Profit margin: 3.4% (up from 3.0% in FY 2023). The increase in margin was driven by lower expenses.
EPS: US$13.51 (up from US$11.99 in FY 2023).
CASY Sales Performance
Like-for-like sales growth: 0.1% vs FY 2023.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Casey's General Stores EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.8%.
In the last 12 months, the only revenue segment was Retail - Convenience Stores contributing US$14.9b. Notably, cost of sales worth US$11.5b amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$2.29b (80% of total expenses). Explore how CASY's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in the US.
Performance of the American Consumer Retailing industry.
The company's shares are up 15% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Casey's General Stores you should know about.
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