Strong 2Q For Cal-Maine Foods
Posted on December 30, 2011 at 08:20 AM EST
Cal-Maine Foods Inc. (NASDAQ:CALM) posted second-quarter 2012 adjusted earnings of 97 cents per share, which surpassed the Zacks Consensus Estimate of 69 cents. The quarterly earnings also improved from 63 cents earned last year. The year-over-year growth in earnings was attributable to higher margins. Inside the Headline Numbers Total revenue, in the quarter under review, [...]

Cal-Maine Foods Inc. (NASDAQ:CALM) posted second-quarter 2012 adjusted earnings of 97 cents per share, which surpassed the Zacks Consensus Estimate of 69 cents. The quarterly earnings also improved from 63 cents earned last year. The year-over-year growth in earnings was attributable to higher margins.
Inside the Headline Numbers
Total revenue, in the quarter under review, leaped 23.8% year over year to $290.4 million. The upswing resulted from strong seasonal retail demand for eggs as well as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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