ANKENY, Iowa (AP) — ANKENY, Iowa (AP) — Casey’s General Stores Inc. (CASY) on Wednesday reported fiscal first-quarter profit of $180.2 million.
The Ankeny, Iowa-based company said it had net income of $4.83 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.54 per share.
The convenience store chain posted revenue of $4.1 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $4.11 billion.
Casey’s shares have risen 29% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $354.52, a climb of 47% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CASY at https://www.zacks.com/ap/CASY
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