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Cal-Maine's Profit Plunges 99% as Egg Prices Slump

12:15pm, Wednesday, 04'th Oct 2023
Shares of Cal-Maine Foods (CALM) slumped over 6% in early trading on Wednesday as the egg producer's profit plummeted along with the price of eggs.

Cal-Maine Stock Cracks After Earnings

11:46am, Wednesday, 04'th Oct 2023
Flock sizes remain historically low after last year's bird flu outbreak.
The S&P 500 (^GSPC) and the Nasdaq (^IXIC) are trading higher in early trading as stocks digest the ADP's private sector jobs data. Cal-Maine Foods (CALM) shares dropped after the company missed estim
Wall Street expected profits of $0.33 per share from Cal-Maine in fiscal Q1 2024. It got $0.02 per share instead.
The shares of Cal-Maine Foods Inc (NASDAQ:CALM) are gapping lower today, after the egg distributor posted lower-than-expected earnings and revenue in its fiscal first-quarter report.
Cal-Maine Foods (NASDAQ:CALM) Inc shares scrambled 12% lower after a 30% drop in egg prices cut deep into the egg producer's profit, while revenue fell more than Wall Street expected. The company said
Intel Corp. shares INTC, +0.65% rose nearly 2% after the chip maker said it would follow up last year's spinoff of Mobileye Global Inc. MBLY, -4.51% with an IPO of its programmable solutions group in
We got some slightly better September Manufacturing numbers than expected from the final S&P PMI and ISM reports.
“Value ranking, looks at the price of a stock relative to. intrinsic firm value. Graham Value Stocks match the criteria . Benjamin Graham followed. “—YCharts Value Screener. 66 August Value larg
CalMaine Foods' (CALM) first-quarter 2024 results are likely to reflect the recent downtrend in average selling prices for conventional eggs as well as low sales volumes.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its first quarter fiscal 2024 financial results on Tuesday, October 3, 2023. A pre
Cal-Maine Foods has capitalized on the egg shortage caused by bird flu, resulting in a super-strong balance sheet. Enterprise valuations (backing out cash from market cap) are incredibly cheap. CALM i

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08:09am, Sunday, 03'rd Sep 2023
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11:51am, Monday, 21'st Aug 2023
It is a simple formula, right? A business' profit equals its revenue minus expenses.
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