FX.co ★ Casey`s General Stores Inc. Announces Rise In Q2 Profit, Beats Estimates

Casey's General Stores Inc. (CASY) reported an increase in profit for the second quarter, surpassing expectations from analysts. The company's earnings reached $180.92 million, or $4.85 per share, compared to $158.78 million, or $4.24 per share, in the same quarter of the previous year. Analysts surveyed by Thomson Reuters had anticipated earnings of $4.27 per share, typically excluding any special items.

Despite the profit growth, the company's revenue for the quarter decreased by 2.9%, totaling $3.946 billion, down from $4.064 billion the previous year.

Summary of Casey's General Stores Inc. second-quarter earnings (GAAP):

- Earnings: $180.92 million, up from $158.78 million last year.

- Earnings Per Share (EPS): $4.85, up from $4.24 last year.

- Revenue: $3.946 billion, down from $4.064 billion last year.