Casey's General Stores Shares Fall On Earnings Miss

By Wallace WitkowskiMarketsMarketWatch Pulse

Casey's General Stores Inc. shares declined in the extended session Monday after the convenience-store and gas-station chain's quarterly results fell short of Wall Street estimates. Casey's shares declined 3.7% to $110 after hours. The company reported fiscal third-quarter earnings of 58 cents a share on revenue of $1.77 billion. Analysts had estimated earnings of 88 cents a share on revenue of $1.81 billion. Casey's board also approved the repurchase of up to $300 million in company shares.

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