financetom
Business
financetom
/
Business
/
Casey's General Stores Fiscal Q4 EPS, Revenue Increase; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Casey's General Stores Fiscal Q4 EPS, Revenue Increase; Shares Rise After Hours
Jun 11, 2024 2:27 PM

05:04 PM EDT, 06/11/2024 (MT Newswires) -- Casey's General Stores (CASY) reported fiscal Q4 earnings late Tuesday of $2.34 per diluted share, up from $1.49 a year earlier.

Analysts polled by Capital IQ expected $1.70.

Revenue for the quarter ended April 30 was $3.60 billion, up from $3.33 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.47 billion.

The company raised its quarterly dividend to $0.50 per share, payable August 15 to holders of record August 1.

During Q4, Casey's repurchased around $15 million of shares, raising the total for the year to $105 million. The company has about $295 million remaining under the share buyback authorization, it said.

The shares of the company rose 5% in after-hours activity.

Price: 343.00, Change: +16.47, Percent Change: +5.04

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Uber $200 Million Settlement Agreement Filed with Federal Court
Uber $200 Million Settlement Agreement Filed with Federal Court
Jul 22, 2024
12:05 PM EDT, 07/22/2024 (MT Newswires) -- A group of Uber Technologies ( UBER ) shareholders who allege it misled investors prior to a May 2019 initial public offering is asking for a federal court in California for preliminary approval of their $200 million settlement agreement with the ride-hailing services company. The investor group claimed that the company's IPO prospectus...
General Motors, Ford Likely to Post Solid Q2 Results, BofA Says
General Motors, Ford Likely to Post Solid Q2 Results, BofA Says
Jul 22, 2024
12:15 PM EDT, 07/22/2024 (MT Newswires) -- General Motors ( GM ) and Ford Motor ( F ) are likely to post solid results for Q2 on favorable pricing and mix, BofA Securities said in a note Monday. Upside risks include continued strength in the US auto cycle and growth in China, the firm said. BofA lifted its price objectives...
Red Cat Secures $4.4 Million Financing From Divestiture in Unusual Machines
Red Cat Secures $4.4 Million Financing From Divestiture in Unusual Machines
Jul 22, 2024
12:16 PM EDT, 07/22/2024 (MT Newswires) -- Red Cat Holdings ( RCAT ) said Monday it secured $4.4 million of non-dilutive financing through its divestiture in Unusual Machines. The drone technology company said the proceeds will fund the ongoing development of Red Cat's ( RCAT ) Family of Systems, which includes Teal Drones, Edge 130, and a new line of...
Update: Ryanair Shares Fall After Lower Fiscal Q1 Ordinary Earnings, Operating Revenue
Update: Ryanair Shares Fall After Lower Fiscal Q1 Ordinary Earnings, Operating Revenue
Jul 22, 2024
12:14 PM EDT, 07/22/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.) Ryanair ( RYAOF ) shares fell nearly 16% in recent Monday trading after the company reported fiscal Q1 2025 diluted earnings of 0.31 euro ($0.34) per ordinary share, down from 0.58 euro a year earlier. Two analysts polled by Capital IQ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved