Recap: Cal-Maine Foods Q3 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Cal-Maine Foods (NASDAQ:CALM) reported its Q3 earnings results on Tuesday, April 2, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Cal-Maine Foods beat estimated earnings by 22.0%, reporting an EPS of $3.0 versus an estimate of $2.46.

Revenue was down $294.42 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 3.0% increase in the share price the next day.

Here's a look at Cal-Maine Foods's past performance:

QuarterQ2 2024Q1 2024Q4 2023Q3 2023
EPS Estimate0.830.252.155.47
EPS Actual0.650.022.276.62
Revenue Estimate525.39M473.37M605.43M888.21M
Revenue Actual523.23M459.34M688.68M997.49M

To track all earnings releases for Cal-Maine Foods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps