Jefferies Remains Sidelined on Casey's General Stores (CASY) Following 1Q Report

BMO Capital Raises Price Target on Casey's General Stores (CASY) to $118

BMO Capital reiterated a Market Perform rating on Casey's General Stores (NASDAQ: CASY), and raised the price target to $118.00 (from $115.00), following unexpected comp headwinds.

Analyst Kelly Bania commented, "CASY's unexpected merchandise comp slowdown was disappointing, but CASY is not as immune... More

After-Hours Stock Movers 09/06: (AAOI) (PGNX) (CMG) Higher; (CASY) (PLAY) (SIGM) Lower (more...)

Today's After-Hours Movers:

Applied Optoelectronics, Inc. (Nasdaq: AAOI) 18.9% HIGHER; announced updated guidance for its third quarter ended Sept. 30, 2016. Revenue in the range of $63.0 million to $65.0 million, above the prior outlook of $56.0 million to $59.0 million. (The Street sees revenue of $58.2 million.) Non-GAAP fully diluted earnings per share in the range of $0.26 to $0.29, using a weighted-average fully diluted share count of approximately 18.0 million shares. This is above the prior outlook of $0.16 to $0.21 per share. (The Street sees EPS of $0.19.)

Progenics Pharmaceuticals, Inc. (Nasdaq: PGNX)... More

Casey's General Stores (CASY) Misses Q1 EPS by 11c

Casey's General Stores (NASDAQ: CASY) reported Q1 EPS of $1.70, $0.11 worse than the analyst estimate of $1.81. Revenue for the quarter came in at $1.97 billion versus the consensus estimate of $1.99 billion.

For earnings history and earnings-related data on Casey's General Stores (CASY) click here.

Caseys General Store (CASY) September volatility elevated into Q1 and outlook

Casey's General Stores (NASDAQ: CASY) September call option implied volatility is at 35, October is at 25; compared to its 52-week range of 22 to 39 into the expected release of Q1 results on September 7.