Caseys General Stores posts
FeedPosted Dec 12th 2009 11:20AM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, 3M Corporation (MMM), Krispy Kreme Doughnuts (KKD), AutoZone Inc (AZO), H and R Block (HRB), Ciena Corp (CIEN), Kroger Co (KR), Costco Wholesale (COST), FedEx Corp (FDX), Smithfield Foods (SFD), Texas Instruments (TXN), MetLife Inc. (MET)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- Advance Auto Parts Inc. (AAP) was downgraded due to concerns about its 2010 earnings outlook.
- Analogic Corp. (ALOG) received an analyst's downgrade after it reported weaker-than-expected earnings.
- AutoZone Inc. (AZO) strong Q1 results beat earnings expectations, but shares rose only a little.
- BWAY Holding Co. (BWY) received an analyst's upgrade following release of its Q4 results.
- Casey's General Stores Inc. (CASY) topped Q2 earnings estimates but lower revenue fell short.
- Ciena Corp. (CIEN) shares plummeted after it fell short of its earnings expectations for Q4.
Continue reading Earnings highlights: AutoZone, Ciena, Costco, FedEx, Krispy Kreme, Kroger, MetLife, 3M ...
Posted Dec 6th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Kroger Co (KR), Costco Wholesale (COST)
The earnings season, like the calendar year, is winding down. The sprinkling of quarterly results scheduled for this coming week include S&P 500 components AutoZone (AZO), Ciena (CIEN), H&R Block (HRB) and National Semiconductor (NSM), as well as Dollar General (DG), Imperial Sugar (IPSU), Krispy Kreme Doughnuts (KKD), Men's Wearhouse (MW), Talbots (TLB) and others.
Analysts surveyed by Thomson Reuters expect to see strong year-over-year and sequential EPS growth from luxury watchmaker Movado Group Inc. (MOV). During its third quarter of fiscal 2010, this Paramus, N.J.-based company was recognized for its innovative use of technology and it reported a big profit decline for the second quarter.
Continue reading The week in preview: Profit expectations for Costco, Kroger, Movado and others
Posted Sep 6th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Economic Data, Federal Reserve
Investors and analysts may be wondering whether the market rally is really over, and whether this signals more trouble ahead for the economy. Well, the Federal Reserve is scheduled to release its next Beige Book report of economic conditions on Wednesday, offering a glimpse of where things stand. The Beige Book report in July suggested that, in some of the 12 Fed districts, the economy appeared to be stabilizing, suggesting that the recession may have reached its bottom, but offering little sign of a recovery. Retail activity remained weak and employment numbers were not good. Yet the minutes of the FOMC August meeting seemed a bit more optimistic about the economy.
In addition to the Beige Book report, the TIPP Economic Optimism Index is scheduled to be released Tuesday, and the University of Michigan Consumer Sentiment Index comes out Friday. So by the end of the week, we could have a good gauge of the mood about the U.S. economy.
Continue reading The week in preview: It's Beige Book time again
Posted Aug 31st 2008 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Economic Data
While the earnings crunch for this quarter is all but over, there is still plenty of action in the earnings arena this coming week. For instance, analysts surveyed by Thomson Financial are expecting America's Car Mart Inc. (NASDAQ: CRMT) and Campbell Soup Co. (NYSE: CPB) to be among this week's top earnings gainers.
Bentonville, Ark.-based America's Car Mart is expected to post net income of 38 cents per share (up 52.6% from the same period a year ago) on revenue of $73.8 million (up 25.8%). The used car dealer chain has tended in recent quarters toward positive surprises -- by 21 cents per share, or 73.5%, in the previous quarter. The long-term EPS growth forecast is 15%, about the same as the S&P 500. The consensus recommendation of analysts is to buy CRMT.
Campell is tentatively scheduled to report this week, and the world's biggest soup maker is expected to post net income of 25 cents per share (up 44.0% from a year ago) on revenue of $1.7 billion (up 7.5%). The Camden, N.J.-based company has just missed earnings estimates in the past three quarters. Its long-term EPS growth forecast is 7.5%, which is less than the industry average, but about the same as rivals Kraft Foods (NYSE: KFT) and Heinz (NYSE: HNZ). The analysts' consensus recommendation is currently to buy Campbell.
Other anticipated double-digit earnings gainers scheduled to report this week include brand name apparel maker Guess Inc. (NYSE: GES), mining equipment maker Joy Global (NASDAQ: JOYG), and chip maker National Semiconductor (NYSE: NSM). And Take-Two Interactive Software (NASDAQ: TTWO) is expected to swing to a profit.
Continue reading The week in preview: Have consumers turned to comfort food and used cars?
Posted Jun 26th 2008 1:24PM by Larry Schutts (RSS feed)
Filed under: Earnings Reports, Technical Analysis, Stocks to Buy
Casey's General Stores (NASDAQ: CASY) operates,
or franchises, more than 1,450 mid-western convenience stores, mostly in Illinois, Iowa, and Missouri. The outlets sell beverages, gasoline, groceries and prepared foods. Casey's also carries tobacco, health and beauty aids, automotive products, ammunition, housewares and photo supplies.
The firm had good news for investors earlier in the month, when it announced fiscal Q4 EPS of 28 cents and revenues of $1.2 billion. Analysts were expecting 25 cents and $1.19 billion. Management also presented an aggressive series of operating and financial goals for the new fiscal year and the board approved a 15% increase in the quarterly dividend.
Continue reading Casey's General Stores (CASY): Price defines bullish 'flag' consolidation