Ankeny, Iowa-based Casey's General Stores, Inc. (CASY) operates convenience stores under the Casey's and Casey's General Store names in the United States. The company has a market cap of $24.8 billion and offers pizza, donuts, hot breakfast items, and sandwiches, as well as beverages, tobacco and nicotine products, and soft drinks, energy drinks, water, and motor fuel for sale on a self-service basis. The company is expected to release its Q2 2027 earnings soon.
Ahead of the event, analysts expect the company’s EPS to be $6.01 on a diluted basis, up 8.7% from $5.53 in the year-ago quarter. The company has beaten Wall Street’s EPS estimates in each of its last four quarters.
For fiscal 2027, analysts project EPS of $21.61, up 12.8% from $19.16 in fiscal 2026. Moreover, its EPS is expected to rise by roughly 10% year-over-year (YoY) to $23.76 in fiscal 2028.
CASY stock has surged 25.9% over the past 52 weeks, rallying the S&P 500 Index’s ($SPX) 12.4% rise and the State Street Consumer Cyclical Select Sector SPDR ETF’s (XLY) 4.4% fall during the same time frame.
On Sept. 8, CASY released its Q1 2027 earnings and announced better-than-expected results. The company’s revenue for the quarter amounted to $5.7 billion and surpassed the Street’s estimates, powered by rising same-store sales. Additionally, the company’s adjusted EPS also surpassed the consensus estimates, coming in at $7.37. CASY also reported growing EBITDA and total fuel gross profit.
Analysts are moderately bullish on CASY, with the stock having a “Moderate Buy” rating overall. Among the 19 analysts covering the stock, 12 are recommending a “Strong Buy,” two suggest a “Moderate Buy,” and five suggest a “Hold.” CASY’s average analyst price target of $787.94 indicates a 17.6% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.