BUZZ-Cal-Maine Foods rises after third-quarter sales, profit beat estimates
Cal-Maine Foods, Inc. CALM | 0.00 |
April 1 (Reuters) - ** Shares of egg supplier Cal-Maine Foods CALM.O up about 3% at $81.35 premarket
** CALM beat Q3 sales and profit estimates, helped by broader product mix and strength in higher-margin businesses, such as specialty eggs and prepared foods, amid steady demand for protein-rich meals
** Reports Q3 sales of $667 million vs. analysts' average estimate of $642 million - LSEG-compiled data
** Posts quarterly EPS of $1.06 vs. average estimate of 80 cents
** "We expect a progressive recovery in prepared foods, with volumes rebounding as capacity comes online and utilization improves, supported by steady underlying demand," says CEO Sherman Miller
** CALM fell ~23% in 2025
