Earnings Outlook For Cal-Maine Foods

CALM is set to give its latest quarterly earnings report on Tuesday , 2021-09-28. Here's what investors need to know before the announcement.

Analysts estimate that Cal-Maine Foods will likely report an Earnings Per Share (EPS) of $-0.62

Cal-Maine Foods bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed on EPS by $-123.08, which was followed by a 1.21 increase in the share price the next day.

Here's a look at Cal-Maine Foods's past performance and the resulting price change:

Stock Performance

Shares of Cal-Maine Foods were trading at $36.52 as of September 24. Over the last 52-week period, shares are down 4.43%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here