Casey`s General Stores Inc. Reveals 14% Drop In Q2 Profit

(RTTNews) - Casey`s General Stores Inc. (CASY) reported a profit for second quarter that fell compared to the same period last year.

The company said its profit dropped to $48.92 million, or $1.28 per share. This was lower than $57.18 million, or $1.44 per share, in last year's second quarter.

The company said revenue for the quarter rose 12.0% to $2.15 billion. This was up from $1.92 billion last year.

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

-Earnings (Q2): $48.92 Mln. vs. $57.18 Mln. last year. -Earnings Decline (Y-o-Y): -14.4% -EPS (Q2): $1.28 vs. $1.44 last year. -EPS Decline (Y-o-Y): -11.1% -Revenue (Q2): $2.15 Bln vs. $1.92 Bln last year. -Revenue Change (Y-o-Y): 12.0%