Casey`s General Stores Inc. Q1 Earnings Advance 23%

(RTTNews) - Casey`s General Stores Inc. (CASY) revealed a profit for its first quarter that increased from last year.

The company said its bottom line came in at $61.81 million, or $1.57 per share. This was up from $50.10 million, or $1.28 per share, in last year's first quarter.

Analysts had expected the company to earn $1.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.5% to $2.05 billion. This was down from $2.29 billion last year.

Casey`s General Stores Inc. earnings at a glance:

-Earnings (Q1): $61.81 Mln. vs. $50.10 Mln. last year.

-Earnings Growth (Y-o-Y): 23.4%

-EPS (Q1): $1.57 vs. $1.28 last year.

-EPS Growth (Y-o-Y): 22.7%

-Analysts Estimate: $1.39

-Revenue (Q1): $2.05 Bln vs. $2.29 Bln last year.

-Revenue Change (Y-o-Y): -10.5%