Compared to Estimates, Casey's (CASY) Q3 Earnings: A Look at Key Metrics

Casey's General Stores (CASY) reported $3.92 billion in revenue for the quarter ended January 2026, representing a year-over-year increase of 0.3%. EPS of $3.49 for the same period compares to $2.33 a year ago.

The reported revenue represents a surprise of -2.65% over the Zacks Consensus Estimate of $4.02 billion. With the consensus EPS estimate being $3.01, the EPS surprise was +16.05%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Casey's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Number of Stores (EOP): 2,924 versus 2,952 estimated by two analysts on average.
• Same-store sales - Grocery & General Merchandise - YoY change: 4% compared to the 3.2% average estimate based on two analysts.
• Number of Fuel gallons sold: 848.43 million versus the two-analyst average estimate of 845.33 million.
• Same-store sales - Fuel gallons - YoY change: 0.4% versus -0.2% estimated by two analysts on average.
• Same-store sales - Prepared Food & Dispensed Beverage - YoY change: 4.3% compared to the 4.1% average estimate based on two analysts.
• Net Sales- Fuel: $2.31 billion compared to the $2.42 billion average estimate based on two analysts. The reported number represents a change of -2.4% year over year.
• Net Sales- Other: $126.22 million versus the two-analyst average estimate of $131.21 million. The reported number represents a year-over-year change of -7.5%.
• Net Sales- Prepared Food & Dispensed Beverage: $422.98 million compared to the $428.72 million average estimate based on two analysts. The reported number represents a change of +6.5% year over year.
• Net Sales- Grocery & General Merchandise: $1.06 billion versus $1.07 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
• Gross Profit- Prepared Food & Dispensed Beverage: $246.48 million compared to the $248.22 million average estimate based on two analysts.
• Gross Profit- Grocery & General Merchandise: $377.55 million versus the two-analyst average estimate of $368.89 million.

View all Key Company Metrics for Casey's here>>>

Shares of Casey's have returned +0.6% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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