Casey's General Stores, Inc. (NASDAQ:CASY) Quarterly Earnings Preview

• Casey's General Stores, Inc. (NASDAQ:CASY) is expected to report an EPS of $1.93 and revenue of approximately $3.95 billion for the upcoming quarter.
• The company anticipates a revenue growth of 10.3% to $3.95 billion, despite an expected decline in EPS by 17.5% due to higher costs and adverse weather conditions.
• Casey's financial metrics reveal a P/E ratio of approximately 31.09, a debt-to-equity ratio of 0.91, and an earnings yield of about 3.22%, indicating its financial health and market valuation.

Casey's General Stores, Inc. (NASDAQ:CASY) is a renowned convenience store chain in the United States, known for offering a wide range of products including prepared food, beverages, and general merchandise. The company is gearing up to release its quarterly earnings on June 9, 2025. Analysts have set the earnings per share (EPS) expectation at $1.93, with projected revenue of approximately $3.95 billion.

Despite the anticipated revenue growth of 10.3% to $3.95 billion, Casey's EPS is expected to see a decline of 17.5% compared to the same period last year. This downturn is attributed to higher costs stemming from the Fikes acquisition, adverse weather conditions, and the absence of a leap day benefit. The stability in the EPS estimate over the past 30 days suggests that analysts have not adjusted their projections, which could influence investor behavior and short-term stock price movements.

Casey's robust revenue growth is largely driven by strong in-store sales, particularly in prepared food, beverages, and general merchandise, expected to see double-digit percentage gains. However, the company's financial metrics reveal some challenges. The price-to-earnings (P/E) ratio is approximately 31.09, indicating how the market values the company's earnings. The price-to-sales ratio is about 1.07, reflecting the company's market value relative to its revenue.

The enterprise value to sales ratio stands at around 1.25, showing the company's total valuation compared to its sales. Additionally, the enterprise value to operating cash flow ratio is approximately 18.52, indicating the company's valuation in relation to its cash flow from operations. The earnings yield is about 3.22%, representing the return on investment for shareholders.

Casey's debt-to-equity ratio is approximately 0.91, indicating a moderate level of leverage. The current ratio is around 0.92, suggesting the company's ability to cover its short-term liabilities with its short-term assets. These financial metrics provide insight into Casey's financial health and market valuation as it prepares to release its earnings report.