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Recap: Cal-Maine Foods Q2 Earnings – Cal-Maine Foods (NASDAQ:CALM)



Cal-Maine Foods CALM reported its Q2 earnings results on Wednesday, January 3, 2024 at 04:05 PM.

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

Earnings

Cal-Maine Foods missed estimated earnings by 21.69%, reporting an EPS of $0.65 versus an estimate of $0.83.

Revenue was down $278.50 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.23 which was followed by a 7.28% drop in the share price the next day.

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

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.25 2.15 5.47 4.24
EPS Actual 0.02 2.27 6.62 4.07
Revenue Estimate 473.37M 605.43M 888.21M 797.80M
Revenue Actual 459.34M 688.68M 997.49M 801.70M

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.

Posted In: EarningsBZI-Recaps



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