Cal-Maine Foods Reports Second Quarter Fiscal 2017 Results
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Cal-Maine Foods (CALM) Reports In-Line Q2 EPS
December 22, 2016 4:06 PM ESTCal-Maine Foods (NASDAQ: CALM) reported Q2 EPS of ($0.48), in-line with the analyst estimate of ($0.48). Revenue for the quarter came in at $253.5 million versus the consensus estimate of $262.83 million.
Will not pay a dividend for the second quarter of fiscal 2017.
Dolph Baker, chairman, president and chief executive officer of Cal-Maine Foods, Inc., stated, Our results for the second quarter of fiscal 2017 reflect extremely challenging market fundamentals in the egg industry. Following the 2015 avian influenza (AI)-related laying hen losses, USDA data shows the egg industry has repopulated farms with laying hen numbers beginning to... More
