Cal-Maine Bottom Line Lags In 3Q
Cal-Maine Foods Inc. (NASDAQ:CALM) posted third-quarter 2012 adjusted earnings of $1.09 per share, which fell short of the Zacks Consensus Estimate of $1.14 per share. Reported earnings also deteriorated from the year-ago level of $1.40. The year-over-year decline in earnings was attributable to lower profit. Inside the Headline Numbers Total revenue, in the quarter under [...]
Cal-Maine Foods Inc. (NASDAQ:CALM) posted third-quarter 2012 adjusted earnings of $1.09 per share, which fell short of the Zacks Consensus Estimate of $1.14 per share. Reported earnings also deteriorated from the year-ago level of $1.40. The year-over-year decline in earnings was attributable to lower profit.
Inside the Headline Numbers
Total revenue, in the quarter under review, grew 10.6% year over year to $303.7 million. The upswing resulted from strong retail demand for eggs as well as higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards