Why Casey's General Stores Stock Surged Higher Today
Shares of the United States' third-largest convenience store and fifth-largest pizza chain, Casey's General Stores (NASDAQ: CASY), were up 6% as of 11:30 a.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence.Casey's delivered third-quarter earnings that smashed analysts' expectations and showed that its growth prospects remain as bright as ever.For the third quarter, Casey's reported that earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 11% and guided for similar EBITDA growth for the full year.Continue reading
Shares of the United States' third-largest convenience store and fifth-largest pizza chain, Casey's General Stores (NASDAQ: CASY), were up 6% as of 11:30 a.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence.
Casey's delivered third-quarter earnings that smashed analysts' expectations and showed that its growth prospects remain as bright as ever.
For the third quarter, Casey's reported that earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 11% and guided for similar EBITDA growth for the full year.
