ANKENY, Iowa (AP) — ANKENY, Iowa (AP) — Casey's General Stores Inc. (CASY) on Tuesday reported fiscal fourth-quarter net income of $56.1 million.
On a per-share basis, the Ankeny, Iowa-based company said it had net income of $1.49.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.58 per share.
The convenience store chain posted revenue of $3.33 billion in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $3.4 billion.
For the year, the company reported profit of $446.7 million, or $11.91 per share. Revenue was reported as $15.09 billion.
Casey's shares have dropped slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $224.26, a rise of 8% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CASY at https://www.zacks.com/ap/CASY