Casey's General Stores likely could become REIT, says Feltl After Casey's rose 5.5% yesterday, Feitl believes the advance occurred partly because the possibility of the company becoming a REIT was raised during its conference call. The firm thinks the company probably could become a REIT if it chose to do so and it maintains a Buy rating on the shares.
News For CASY From The Last 14 Days
Check below for free stories on CASY the last two weeks.
Casey's General Stores reports Q3 EPS 38c, consensus 49c Reports Q3 revenue $1.79B, consensus $1.84B. Reports Q3 same-store gasoline gallons sold were up 3.8% with an average margin of 14.4 cents per gallon. Q3 grocery and other merchandise same-store sales were up 6.5% with an average margin of 31.1%. Q3 prepared food and fountain same-store sales were up 10.7% with an average margin of 60.8%.