** Shares in Casey's General Stores Inc CASY.O gap higher, jumping 12.9%, hitting record high on Tuesday after fiscal Q4 EPS and rev beat Street expectations
** CASY, a convenience store/pizza chain, reported adj Q4 EPS of $2.63 vs Wall Street consensus of $1.95 while its rev of $3.99 bln compared with consensus of $3.93 bln, according to data gathered by LSEG
** Casey's same-store-sales rose 1.7% vs mean expectation for 2.47% increase
** Co increased quarterly dividend by 14%, forecast fiscal 2026 EBITDA increase of 10% to 12%, forecast inside same-store-sales to increase 2% to 5%; current estimate is for a same-store-sales rise of 3.68%
** CASY, on track for biggest one-day pct gain in a year, last traded at $496 vs median PT of $465, which is up $10 from month ago, according to LSEG, which shows 17 analyst ratings: 6 'strong buy,' 6 'buy,' 4 'hold' and 1 'sell' recommendation
** YTD up ~24% vs ~7% gain for S&P 400 consumer staples index .SPMDCS
(Reporting By Sinéad Carew)
((sinead.carew@thomsonreuters.com; +13322191897;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.