Cal-Maine Foods Reports Fourth Quarter and Fiscal 2017 Results
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Cal-Maine Foods (CALM) Misses Q4 EPS by 26c
July 24, 2017 6:31 AM EDTCal-Maine Foods (NASDAQ: CALM) reported Q4 EPS of ($0.51), $0.26 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $274.6 million versus the consensus estimate of $277.55 million.
These results include a payment of $5.5 million included in other income for the final BP settlement from the Deepwater Horizon oil spill in 2010. The fourth quarter of fiscal 2017 was a 14-week period compared with 13 weeks for the same period in fiscal 2016.
Dolph Baker, chairman, president and chief executive officer of Cal-Maine Foods, Inc., stated, Our results for the fourth quarter of fiscal 2017 reflect the... More
