CALM Stock Recent News
CALM LATEST HEADLINES
Here is how Cal-Maine Foods (CALM) and Sylvamo Corporation (SLVM) have performed compared to their sector so far this year.
Cal-Maine Foods Inc. NASDAQ: CALM is the largest and leading producer and distributor of fresh shell eggs in the United States, with a 19% market share. Shareholders are rejoicing over its strong fiscal Q3 2024 earnings report and special $1.00 dividend.
Here is how Cal-Maine Foods (CALM) and Novozymes A/S (NVZMY) have performed compared to their sector so far this year.
From a technical perspective, Cal-Maine Foods (CALM) is looking like an interesting pick, as it just reached a key level of support. CALM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Cal-Maine Foods announced a better-than-feared quarter with record volumes of eggs sold. The company separately announced an avian flu outbreak at one of its Texas-based facilities.
CalMaine Food's (CALM) fiscal third-quarter 2024 results reflect the impact of the lower year-over-year net average selling price of eggs that offset record sales volumes.
Thanks to strong demand, egg producer Cal-Maine Foods Inc (NASDAQ:CALM) announced better-than-expected fiscal third-quarter revenue after the close yesterday.
Egg distributor Cal-Maine Food's shares rolled 5% higher this morning following an after-hours third-quarter earnings release. Lower egg prices caused quarterly net revenues to fall to $703 million from $997 million in the prior year's third quarter, while net income for the quarter came to $146.4 million, or $3.01 per basic common share, down from $323.2 million/$6.62 per share.
Egg producer Cal-Maine Foods (CALM) posted top- and bottom-line results that beat Wall Street expectations as strong demand for eggs helped offset a significant decline in egg prices, sending the company's shares more than 8% higher in premarket trading Wednesday morning.
Shares of Cal-Maine Foods Inc. rallied 9% in the extended session Tuesday after the egg producer blew past Wall Street quarterly estimates, notching record sales volume on increased demand and lower egg prices.