My guess is any company playing musical chairs with cash is managed by financial fools.
Cash is the foundation of the future survival for companies like this.
Move cash around on the balance sheet does absolutely nothing except waste valuable staff resources.
THE reason some investors think share buybacks are good is because:
1. They've never had to manage a company during a downturn
2. They are fooled into thinking earnings rose when it did not.
Long term holders have been well rewarded by this company (up about 4000% rounded in 20 years).
The dividend is 1/3 of earnings.
Short term this stock is fairly priced based on those with only short term horizons.
They beat and by more than 20 cents as you suggested they might.
Anecdotally, retail egg prices remain high in the Mid-Atlantic region, including specialty eggs.
About 2 weeks ago there were several retailers with 99 cent specials on regular eggs but that hasn't been repeated with all rising back to their previous high prices.
I retired from the egg business so I know a little bit about how things can go to extremes on both input costs and egg price fluctuations. Very difficult to predict no matter how much you "know".