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Cal-Maine Foods (CALM) tumbles as EPS weighs on shares

December 29, 2022 10:09 AM EST

Cal-Maine Foods (NASDAQ: CALM) posted its fiscal second-quarter earnings after the close Wednesday, sending its shares tumbling in early Thursday trading.

CALM shares are down over 12% at the start of the session, trading around the $54.40 mark at the time of writing.

Despite the share price tumble, the fresh egg producer posted earnings of $4.07, while revenue came in at $801.7 million, growing 110% year-over-year and beating the consensus estimate of... More