Casey's General Stores, Inc. (NASDAQ:CASY) will report its Q2 earnings on Dec 7. Analysts at Deutsche Bank provided their views on the company ahead of the results, noting that a top-line beat is widely expected by investors, and solid margin management is required to a see positive share price reaction.
The analysts maintained their positive view on the company as it is successfully navigating rising input cost and labor pressures, and the analysts estimate upside to EPS ahead given sustained strength in fuel profitability and grocery sales, combined with the ongoing recovery in the high-margin prepared food business as consumers hit the road again.