Cal-Maine Foods Reports Second Quarter Fiscal 2019 Results
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Cal-Maine Foods (CALM) Tops Q2 EPS by 1c, Revenues Miss
January 4, 2019 6:32 AM ESTCal-Maine Foods (NASDAQ: CALM) reported Q2 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $356 million versus the consensus estimate of $362.92 million.
Dolph Baker, chairman and chief executive officer of Cal-Maine Foods, Inc., stated, Cal-Maine Foods had solid financial and operating performance for the second quarter of fiscal 2019 amidst less favorable market conditions than the same time last year. Our sales for the second quarter were down 1.4 percent, reflecting a modest decline in volumes and lower average customer selling prices for conventional eggs compared with a year... More
