Cal-Maine Foods (NASDAQ:CALM) posted its quarterly earnings data on Tuesday. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.33, MarketWatch Earnings reports. Cal-Maine Foods had a return on equity of 4.61% and a net margin of 3.19%. The firm had revenue of $347.33 million for the quarter, compared to the consensus estimate of $333.49 million. During the same quarter in the prior year, the business earned ($0.21) EPS. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year.
NASDAQ:CALM traded up $0.03 during trading hours on Tuesday, reaching $37.28. 389,713 shares of the stock were exchanged, compared to its average volume of 416,044. Cal-Maine Foods has a twelve month low of $30.74 and a twelve month high of $46.66. The stock has a market cap of $1.82 billion, a PE ratio of 40.97 and a beta of -0.19. The firm has a 50 day moving average of $38.27 and a 200 day moving average of $40.51.
In other news, VP Charles Jeff Hardin bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was acquired at an average cost of $38.28 per share, with a total value of $76,560.00. Following the completion of the purchase, the vice president now owns 6,221 shares of the company’s stock, valued at $238,139.88. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 27.50% of the stock is currently owned by company insiders.
Cal-Maine Foods Company Profile
Cal-Maine Foods, Inc produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse, and 4-Grain brand names, as well as under private labels.
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