Cal-Maine Foods Reports First Quarter Fiscal 2018 Results

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Cal-Maine Foods (CALM) Misses Q1 EPS by 11c

October 2, 2017 6:33 AM EDT

Cal-Maine Foods (NASDAQ: CALM) reported Q1 EPS of ($0.33), $0.11 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $262.8 million versus the consensus estimate of $273.65 million.

Dolph Baker, chairman, president and chief executive officer of Cal-Maine Foods, Inc., stated, We are pleased to report higher sales for the first quarter of fiscal 2018 compared with the same period last year, in spite of the ongoing challenges and price volatility in the egg markets. The first quarter of our fiscal year is typically a seasonally slow period for our business. While... More