CALM Stock Recent News
CALM LATEST HEADLINES
The Agriculture - Products industry is set to gain from solid demand. Stocks like WestFraser (WFG), CalMaine Foods (CALM), Andersons (ANDE) and Hydrofarm (HYFM) are poised to ride on this positive trend.
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.