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Shares of Cal-Maine Foods (NASDAQ:CALM) rose 3% in pre-market trading after the company reported Q1 results.
Earnings per share increased 57.45% year over year to ($0.40), which beat the estimate of ($0.53).
Revenue of $292,782,000 higher by 21.40% from the same period last year, which beat the estimate of $284,080,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Company's 52-week high was at $46.66
52-week low: $30.74
Price action over last quarter: down 11.50%
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and foodservice distributors. The company's brands are: Egg-Land's Best, Land O' Lakes, Farmhouse, and 4-Grain.
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