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Recap: Cal-Maine Foods Q3 Earnings

Author: Benzinga Insights | April 02, 2024 04:25pm

Cal-Maine Foods (NASDAQ:CALM) reported its Q3 earnings results on Tuesday, April 2, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Cal-Maine Foods beat estimated earnings by 22.0%, reporting an EPS of $3.0 versus an estimate of $2.46.

Revenue was down $294.42 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 3.0% increase in the share price the next day.

Here's a look at Cal-Maine Foods's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.83 0.25 2.15 5.47
EPS Actual 0.65 0.02 2.27 6.62
Revenue Estimate 525.39M 473.37M 605.43M 888.21M
Revenue Actual 523.23M 459.34M 688.68M 997.49M

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.

Posted In: CALM

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