Cal-Maine Foods, Inc. (NASDAQ:CALM) reported its fourth-quarter financial results after the bell Tuesday. Here's a look at the highlights.
The Details: Cal-Maine Foods reported quarterly earnings of $3.00 per share which beat the analyst consensus estimate of $2.46 by 21.95%.
Quarterly sales clocked in at $703.08 million which beat the analyst consensus estimate of $692.35 million by 1.55% and represents a 29.52% decrease over sales of $997.49 million from the same period last year.
The company also reported that one of its facilities in Palmer County, Texas, tested positive for highly pathogenic avian influenza (HPAI), resulting ...