Cal-Maine Foods Stock Climbs After Strong Q2 Results: EPS Beat, Revenues Beat

Benzinga

07 Jan

Cal-Maine-0.13%

Cal-Maine Foods Inc. (NASDAQ:CALM) reported its second-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report.

The Details: Cal-Maine Foods reported quarterly GAAP earnings of $4.47 per share, beating the $4.25 analyst consensus estimate. Quarterly revenue came in at $954.7 million, beating the $751.49 million consensus estimate.

The company said it set a quarterly record for total dozens sold and specialty dozens sold. It also announced a cash dividend of approximately $1.49 per share.

Read Next: Biden Set To Ban Future Offshore Oil Drilling: 4 Stocks, 2 ETFs To Watch

“Cal-Maine Foods delivered a very strong financial and operating performance in the second quarter of fiscal 2025. Robust demand for shell eggs resulted in a significant increase in dozens sold for the quarter, which included the seasonal boost leading up to the Thanksgiving holiday and sales from our latest acquisition completed in June,” said Sherman Miller, CEO of Cal-Maine Foods.

CALM Price Action: According to data from Benzinga Pro, Cal-Maine Foods shares are up 4.76% after hours at $108.61 Tuesday.

Read Next:

Kevin O’Leary Joins The People’s Bid For TikTok As Pending Ban Looms

Image: Courtesy of Cal-Maine Foods, Inc.

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Robust demand for shell eggs resulted in a significant increase in dozens sold for the quarter, which included the seasonal boost leading up to the Thanksgiving holiday and sales from our latest acquisition completed in June,” said Sherman Miller, CEO of Cal-Maine Foods. \nCALM Price Action: According to data from Benzinga Pro, Cal-Maine Foods shares are up 4.76% after hours at $108.61 Tuesday. \nRead Next:\n\nKevin O’Leary Joins The People’s Bid For TikTok As Pending Ban Looms \n\nImage: Courtesy of Cal-Maine Foods, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":1}}}

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