Casey's General Stores Inc. said its normalized net income for the fiscal second quarter ended Oct. 31 amounted to $1.26 per share, compared with the S&P Capital IQ consensus estimate of $1.17 per share.
EPS increased 29.9% year over year from 97 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $49.3 million, a gain of 30.5% from $37.8 million in the year-earlier period.
The normalized profit margin climbed to 2.3% from 1.9% in the year-earlier period.
Total revenue rose 6.7% year over year to $2.15 billion from $2.02 billion, and total operating expenses climbed 5.9% from the prior-year period to $2.06 billion from $1.95 billion.
Reported net income grew 27.3% year over year to $50.0 million, or $1.28 per share, from $39.3 million, or $1.01 per share.
