Casey's General Up 3.7% After Beating Estimates

Convenience-store operator Casey's General Stores Inc. on Monday reported earnings of $41 million, or $1.05 a share, in the fiscal fourth quarter, compared with $21 million, or 54 cents, a year ago. For fiscal 2015, Casey's reported earnings of $4.62 a share, compared with $3.26 for the same period last year. The company plans to build and acquire more stores, it said. Sales reached $1.65 billion in the quarter, down from $1.9 billion a year ago. Analysts polled by FactSet had expected the retailer to report adjusted earnings of 86 cents a share on sales of $1.64 billion in the quarter. Shares of Casey's rose 3.7% in after-hours trading after ending the regular session down 0.5%.

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