Top Wall Street Forecasters Revamp Casey's Price Expectations Ahead Of Q3 Earnings

Benzinga
11 Mar

Casey’s General Stores, Inc. (NASDAQ:CASY) will release its third-quarter financial results, after the closing bell, on Tuesday, March 11.

Analysts expect the company to report quarterly earnings at $2.08 per share, down from $2.33 per share in the year-ago period. Casey’s projects quarterly revenue of $3.74 billion, compared to $3.33 billion a year earlier, according to data from Benzinga Pro.

On Dec. 9, 2024, Casey’s General Stores posted mixed results for its second quarter.

Casey’s shares fell 4.3% to close at $381.68 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • BMO Capital analyst Kelly Bania reinstated a Market Perform rating and raised the price target from $400 to $450 on Dec. 18, 2024. This analyst has an accuracy rate of 68%.
  • Deutsche Bank analyst Krisztina Katai maintained a Buy rating and increase the price target from $451 to $454 on Nov. 6, 2024. This analyst has an accuracy rate of 63%.
  • Gordon Haskett analyst Chuck Grom initiated coverage on the stock with a Hold rating and a price target of $400 on Nov. 4, 2024. This analyst has an accuracy rate of 63%.
  • Wells Fargo analyst Anthony Bonadio maintained an Overweight rating and raised the price target from $415 to $425 on Sept. 6, 2024. This analyst has an accuracy rate of 69%.

Considering buying CASY stock? Here’s what analysts think:

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