Casey’s Historic 13.78% EPS Surprise Streak Continues with +0.26% ESP
Casey’s General Stores posted EPS of $5.53 vs $4.92 estimated (12.4% surprise) and $5.77 vs $5.01 estimated (15.17% surprise) in its past two quarters, averaging a 13.78% earnings surprise. Analysts’ revisions have increased its Earnings ESP to +0.26%, signaling another potential beat.
1. Strong EPS Beats in Last Two Quarters
Casey’s delivered EPS of $5.53 against a $4.92 estimate (12.4% surprise) in its latest quarter and $5.77 versus $5.01 estimate (15.17% surprise) in the prior quarter, resulting in an average surprise of 13.78% over the two periods.
2. Earnings ESP Climbs to +0.26%
Analysts have revised up near-term earnings expectations, driving Casey’s Earnings ESP to +0.26%, indicating that the most recent forecasts exceed the consensus and boosting the potential for another upside surprise.
3. Historical Beat Rate Context
Historically, stocks exhibiting a positive Earnings ESP have topped consensus estimates nearly 70% of the time, suggesting that Casey’s could continue its beat streak in the upcoming report.