Cal-Maine Foods Reports First Quarter Fiscal 2019 Results
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Cal-Maine Foods (CALM) Misses Q1 EPS by 17c, Revenues Miss
October 1, 2018 6:31 AM EDTCal-Maine Foods (NASDAQ: CALM) reported Q1 EPS of $0.26, $0.17 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $340.6 million versus the consensus estimate of $344.1 million.
Dolph Baker, chairman and chief executive officer of Cal-Maine Foods, Inc., stated, We were pleased to begin fiscal 2019 with a solid financial and operating performance, as we experienced more favorable market conditions than a year ago. Our sales for the first quarter were up 29.6 percent, reflecting higher average customer selling prices for shell eggs and consistent sales volumes compared with the same period a year... More
