Cal-Maine Foods CALM reported its Q2 earnings results on Wednesday, January 3, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Cal-Maine Foods missed estimated earnings by 21.69%, reporting an EPS of $0.65 versus an estimate of $0.83.
Revenue was down $278.50 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.23 which was followed by a 7.28% drop in the share price the next day.
Here’s a look at Cal-Maine Foods’s past performance:
Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
---|---|---|---|---|
EPS Estimate | 0.25 | 2.15 | 5.47 | 4.24 |
EPS Actual | 0.02 | 2.27 | 6.62 | 4.07 |
Revenue Estimate | 473.37M | 605.43M | 888.21M | 797.80M |
Revenue Actual | 459.34M | 688.68M | 997.49M | 801.70M |
To track all earnings releases for Cal-Maine Foods visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.