Casey's General Stores, Inc. (CASY) earnings on June 9, 2026

After the market closes Q1 2026

More Casey's General Stores, Inc. earnings

Prior outlook: No statistical edge

Casey's stock jumped significantly after its earnings report. An analyst maintained a positive rating and increased the price target, supporting the stock's rise.

CASY price around the earnings

912.16

Change: +19.8%

2026-06-10, 23:59 UTC

Start of the measured window End of the measured window
749.00 810.33 871.67 933.00 761.52
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
June 9, 2026 June 10, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published

Strong past performance, analysts positive, recent dip.

Experts note that the company consistently beats earnings expectations, with an average surprise of nearly 19%. Despite a recent price drop, analysts maintain a positive outlook, setting a price target that suggests potential upside.

Context analyzed before publication

Summary
Strong past performance, analysts positive, recent dip.
Reasoning
Experts note that the company consistently beats earnings expectations, with an average surprise of nearly 19%. Despite a recent price drop, analysts maintain a positive outlook, setting a price target that points to an optimistic scenario.
Playbook
The analysis shows a pattern of strong earnings beats and positive analyst sentiment. However, the stock has recently pulled back below a key support level, and extreme retail investor positioning is noted.
Trend
Sentiment improved then sharply declined; extreme positioning noted.

Analysts

Drivers

  • Analysts Positive

    Analysts generally recommend buying the stock, with an average price target of $843, citing an 11.9% potential increase. Recent adjustments from the most accurate analysts have been positive.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.79
Analysts covering the stock
16
Average price target
842.81
Lowest price target
605
Highest price target
1,000
Upside to price target
11.9%
Quarterly earnings growth
49.3%
Revenue growth
0.3%
Forward EPS
20.39
Trailing EPS
17.44
Analyst moves in the last 60 days
6
  • Strong buy: 1
  • Buy: 11
  • Hold: 7
  • Sell: 0
  • Strong sell: 0
Strong buy
1
Buy
11
Hold
7
Sell
0
Strong sell
0
  • June 3, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • May 26, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • May 20, 2026 · William Blair: Initiates coverage (Outperform)
  • April 24, 2026 · Keybanc: Maintains rating (Overweight → Overweight)
  • April 21, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
  • April 20, 2026 · Keybanc: Maintains rating (Overweight → Overweight)

News and sentiment

Drivers

  • News & sentiment Negative

    There is a high level of optimism among retail investors, with 75% expressing positive sentiment. This suggests a risk of crowded positioning.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (6)
  • Casey's Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call — Benzinga
  • United Natural Foods, Vail Resorts And 3 Stocks To Watch Heading Into Tuesday — Benzinga
  • UBS Maintains Neutral on Casey's General Stores, Raises Price Target to $805 — Benzinga
  • Wells Fargo Maintains Overweight on Casey's General Stores, Raises Price Target to $910 — Benzinga
  • Here's How Much $100 Invested In Casey's General Stores 15 Years Ago Would Be Worth Today — Benzinga
  • William Blair Initiates Coverage On Casey's General Stores with Outperform Rating — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock has experienced an 11.75% decline over the past 14 days. It is currently market review below the $758.68 support level.

Evidence

Average true range (ATR)
2.8%
Distance to 52-week high
-15.2%
14-day change (14d)
-11.8%
30-day change (30d)
-5.6%
30-day relative strength
-5.6%
Benchmark change (0d)
+0.0%
Nearest support
758.68
Nearest resistance
765.45
Volume accumulation ratio (14d / 46d)
1.38

Trends

Evidence

Average earnings surprise
+18.9%
  • March 9, 2026: actual EPS 3.49 vs estimate 2.99 (surprise +16.6%)
  • December 9, 2025: actual EPS 5.53 vs estimate 5.15 (surprise +7.4%)
  • September 8, 2025: actual EPS 5.77 vs estimate 5 (surprise +15.3%)
  • June 9, 2025: actual EPS 2.63 vs estimate 1.93 (surprise +36.1%)

Expected move

Drivers

  • Past earnings Positive

    The company has a strong recent record of beating earnings expectations over the last four quarters. The average surprise was a significant 18.9%.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
4.7%
75th percentile move
7.4%
90th percentile move
11.2%
Up / down moves
10 / 9
Average up move
+7.9%
Average down move
-3.0%

Monitoring and close

What Casey's General Stores, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Consolidated
+20.0%
Max move
+20.1%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.