Cal-Maine Foods Inc reports results for the quarter ended February 28 - Earnings Summary

• Cal-Maine Foods Inc CALM.OQ reported quarterly adjusted earnings of $10.38​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $2.37. The mean expectation of two analysts for the quarter was for earnings of $10.91 per share. Wall Street expected results to range from $10.75 to $11.06 per share.

• Revenue rose 101.6% to $1.42 billion from a year ago; analysts expected $1.43 billion.

• Cal-Maine Foods Inc's reported EPS for the quarter was $10.38​.

• The company reported quarterly net income of $508.53 million.

• Cal-Maine Foods Inc shares had risen by 2.8% this quarter and lost 9.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 118.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the fishing & farming peer group is "hold."

• Wall Street's median 12-month price target for Cal-Maine Foods Inc is $102.50

This summary was machine generated from LSEG data April 8 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)