Casey's Q4 Profit Surges

(RTTNews) - Casey's General Stores, Inc. (CASY) reported net income for then fourth quarter of $41.3 million or $1.05 per share, compared to $20.9 million or $0.54 per share for the year-ago quarter.

Total revenue for the fourth quarter fell to $1.65 billion from $1.92 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.85 per share on revenue of $1.62 billion for the fourth quarter.

At its June meeting, the Casey's Board of Directors increased the quarterly dividend to $0.22 per share, payable on August 17 to shareholders of record on August 3.