NASDAQ$CASY

Casey's General Stores Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Casey's reported strong Q4 and annual results, with diluted EPS of $1.67, driven by high fuel margins.

Casey's General Stores reported a strong fourth quarter with diluted earnings per share of $1.67, significantly higher than the previous year's $0.68. The company's performance was boosted by unprecedented fuel margins, although same-store sales were impacted by COVID-19 related traffic declines.

  • Diluted earnings per share for the fourth quarter was $1.67, compared to $0.68 in the same period last year.
  • Fuel margin averaged 40.8 cents per gallon, a significant increase from 18.6 cents per gallon in the prior year.
  • Same-store gallons sold decreased by 14.7% due to shelter-in-place restrictions.
  • Grocery and other merchandise same-store sales decreased by 2.0%, while prepared food and fountain same-store sales decreased by 13.5%.

Headline financials

Total Revenue

$1.81B

Previous: $2.18B-16.8%
EPS (adj)

$1.67

Previous: $0.68+145.6%
Fuel Gallons Sold

487.7M

No prior period
Grocery SSS Growth

-2.0%

No prior period
Prepared Food SSS

-13.5%

No prior period
Total Store Count

2.2K

No prior period
Capital Expenditures

$75.1M

Previous: $93.4M-19.6%
Free Cash Flow

$29.5M

Previous: $69.3M-57.4%
Net Income

$62.1M

Previous: $25.2M+146.3%
Operating Income

$78.6M

No prior period
Gross Profit

$525M

Previous: $452M+16.1%
Cash & Equivalents

$78.3M

Previous: $63.3M+23.7%
Total Assets

$3.94B

Previous: $3.73B+5.7%
Stock-Based Comp

$3.74M

Previous: $5.3M-29.5%

Revenue & EPS history

Casey's · Revenue · Quarterly

$1.81B

Q4 2020-16.8%vs Q4 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Casey's · $1.8B total across 3 segments · Q4 2020

  • Fuel
    $999M-25.7%
  • Grocery & General Merchandise
    $568M+1.0%
  • Prepared Food & Beverage
    $230M-9.5%

Forward guidance

Due to the continued uncertainty of COVID-19, guidance for the fiscal year ending April 30, 2021 will not be provided at this time and will be reevaluated as conditions warrant.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.2%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+1.4%

Avg return

30 days after

51%

35 / 69 earnings

Positive

+20.0%

Q4 2026

Best reaction

-14.1%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+20.0%+14.6%
Q3 2026+3.8%-0.6%+14.2%
Q2 2026-5.3%-2.9%+5.4%
Q1 2026+3.7%+6.2%+5.9%
Q4 2025+0.0%-1.2%+2.3%
Q3 2025+6.2%+5.5%+20.7%
Q2 2025-1.3%+0.7%-7.4%
Q1 2025+7.3%+3.4%+4.4%
Q4 2024+16.1%+13.3%+14.5%
Q3 2024-2.7%+1.1%+3.4%
Q2 2024+1.7%-0.1%+5.6%
Q1 2024+10.0%+15.3%+12.4%
Q4 2023-4.5%-4.3%+7.0%
Q3 2023+2.9%+0.0%+1.6%
Q2 2023+7.1%+5.4%-5.7%
Q1 2023+2.2%+1.1%-7.0%
Q4 2022-4.5%-7.9%-6.8%
Q3 2022+4.3%-1.9%+17.0%
Q2 2022-7.2%-7.1%-2.4%
Q1 2022-6.5%-7.8%-8.2%
Q4 2021-4.8%-3.6%-10.1%
Q3 2021-3.1%+1.3%+5.8%
Q2 2021-4.9%-6.6%-1.5%
Q1 2021+1.7%+1.2%+5.3%
Q4 2020-4.6%-10.6%-11.6%
Q3 2020-7.4%-5.7%-16.7%
Q2 2020-9.7%-12.5%-7.2%
Q1 2020+0.4%+1.0%-5.1%
Q4 2019+9.3%+13.5%+17.1%
Q3 2019+2.0%-1.2%+0.7%
Q2 2019+6.6%+10.6%+6.7%
Q1 2019+8.5%+9.7%+6.7%
Q4 2018+2.9%+4.6%+13.0%
Q3 2018-1.9%+0.6%-3.6%
Q2 2018-14.1%-14.9%-3.8%
Q1 2018+0.9%+1.6%+4.9%
Q4 2017-8.3%-4.9%-9.8%
Q3 2017-3.6%-4.1%-3.8%
Q2 2017-0.9%-1.0%-5.0%
Q1 2017-9.1%-10.1%-11.2%
Q4 2016-4.2%-4.3%+6.4%
Q3 2016-1.1%
Q2 2016+4.8%
Q1 2016+2.5%
Q4 2015+5.9%
Q3 2015+0.1%
Q2 2015+2.8%
Q1 2015-2.3%
Q4 2014+3.8%
Q3 2014-0.1%
Q2 2014-7.5%
Q1 2014+3.7%
Q4 2013-1.4%
Q3 2013-2.7%
Q2 2013+2.8%
Q1 2013+2.6%
Q4 2012-11.1%
Q3 2012+3.8%
Q2 2012-2.0%
Q1 2012-0.5%
Q4 2009-0.1%
Q4 2011-0.1%
Q3 2010-3.6%
Q3 2011-3.6%
Q2 2010+1.3%
Q2 2011+1.3%
Q1 2010+0.9%
Q1 2011+0.9%
Q4 2010+0.9%

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