April 02, 2013 at 10:42 AM EDT
Trend Analysis Review on Cal-Maine Foods Inc (NASDAQ:CALM), Eagle Bulk Shipping Inc (NASDAQ:EGLE)

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New York, NY -- (SBWIRE) -- 04/02/2013 -- StockRunway.com issues special report on the Trend Analysis Review On Cal-Maine Foods Inc (NASDAQ:CALM), Eagle Bulk Shipping Inc (NASDAQ:EGLE)

Cal-Maine Foods Inc (NASDAQ:CALM) announced a higher profit for fiscal Q3 on Monday as sales hiked by strong volumes and boost in average selling prices.

The Shell eggs producer believes that it is on track for one more successful year in fiscal year 2013. But, higher input expenses have continued to adversely affect its gross profit margins. The company announced specialty egg sales have been steadily moving up throughout the year.

Where CALM is Headed Exactly? Find out in This Trend Analysis Reports

Cal-Maine Foods reported quarterly net income surged to $30.55 million or $1.27 a share from $26.10 million or $1.09 a share in the same period a year ago. Quarterly net sales moved up 19% to $360.37 million from $303.66 million in the comparable three months period a year ago.

The New York based Eagle Bulk Shipping Inc (NASDAQ:EGLE) announced a net loss of $32.4 million or $1.92 a share for fiscal fourth-quarter, wider than $1.7 million or $0.11 a share in the fourth quarter of fiscal year 2011. Thomson Reuters 7 analysts’ poll on average projected to report a loss $1.93 a share for three months period. However, analysts&apos forecasts usually exclude one-time items.

Can EGLE Show a Strong Recovery? Find out in This Research Report

Revenues for three months period moved down to $42.80 million from $70.01 million in the same quarter a year ago, while 3 analysts had median revenue forecast of $42.79 million for the three months period.

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