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Cal-Maine Foods, Inc. (CALM) reported a first quarter net loss per share of $0.40, compared to a loss of $0.94 per share, a year ago. On average, four analysts polled by Thomson Reuters expected the company to report a loss per share of $0.53, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Sep 28, 2020 07:08AM EDT

07:07 Monday, September 28, 2020 (RTTNews.com) - Cal-Maine Foods, Inc. (CALM) reported a first quarter net loss per share of $0.40, compared to a loss of $0.94 per share, a year ago. On average, four analysts polled by Thomson Reuters expected the company to report a loss per share of $0.53, for the quarter. Analysts' estimates typically exclude special items.

First quarter net sales were $292.8 million, a 21.4 percent increase from a year ago. Analysts expected revenue of $284.08 million, for the quarter. Total dozens sold were up 3.8 percent from last year, primarily due to continued strong retail demand.

Read the original article on RTTNews ( https://www.rttnews.com/3131776/cal-maine-foods-posts-narrower-loss-in-q1-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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