Casey`s General Stores Inc. Q1 Earnings Fall 16%

(RTTNews) - Casey`s General Stores Inc. (CASY) released a profit for first quarter that declined from last year.

The company said its earnings came in at $56.76 million, or $1.46 per share. This was down from $67.39 million, or $1.70 per share, in last year's first quarter.

Analysts had expected the company to earn $1.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.1% to $2.09 billion. This was up from $1.97 billion last year.

Casey`s General Stores Inc. earnings at a glance:

-Earnings (Q1): $56.76 Mln. vs. $67.39 Mln. last year. -Earnings Decline (Y-o-Y): -15.8% -EPS (Q1): $1.46 vs. $1.70 last year. -EPS Decline (Y-o-Y): -14.1% -Analysts Estimate: $1.45 -Revenue (Q1): $2.09 Bln vs. $1.97 Bln last year. -Revenue Change (Y-o-Y): 6.1%