Cal-Maine Foods, Inc. (NASDAQ:CALM) producer of packaged shell eggs, is reporting first quarter earnings results on Monday 28th September 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.53 per share from $ 284.08 million in revenue.
For the full year, analysts predict revenues of $ 1396.76 million, while looking forward to income of $ 0.84 per share.
Previous Quarter Performance
Cal-Maine Foods, Inc. outlined income for the fourth quarter of $ 1.24 per share, from the revenue of $ 453.33 million. The quarterly revenues boosted 61.57 percent compared with the same quarter last year. Wall street analysts are predicting, CALM to report 4Q20 income of $ 1.19 per share from revenue of $ 454.25 million. The bottom line results beat street analysts by $ 0.05 or 4.20 percent, at the same time, top line results fell short of analysts by $ 0.92 million or 0.2 percent.
Stock Performance
On Friday, shares of Cal-Maine Foods, Inc. has traded high as $ 39.56 and has cracked $ 38.65 on the downward trend, reaching $ 38.94 with volume of 664.20 thousand shares.
According to the previous trading day, closing price of $ 38.94, representing a 26.42 % increase from the 52 week low of $ 30.74 and a 16.72 % decrease over the 52 week high of $ 46.66.
The company has a market capital of $ 1.90 billion and is part of the Consumer Defensive sector and Farm Products industry.
Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Lands Best, Land O Lakes, Farmhouse, and 4-Grain brand names, as well as under private labels.
