ANKENY, Iowa (AP) — ANKENY, Iowa (AP) — Casey’s General Stores Inc. (CASY) on Monday reported fiscal fourth-quarter net income of $98.3 million.
The Ankeny, Iowa-based company said it had net income of $2.63 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.
The convenience store chain posted revenue of $3.99 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.97 billion.
For the year, the company reported profit of $546.5 million, or $14.64 per share.
Casey’s shares have climbed 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $438.74, a rise of 34% 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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