Cal-Maine stock drops on earnings miss

Shares of Cal-Maine Foods Inc.

dropped 12% in after-hours trade Tuesday, after the egg producer reported fiscal first-quarter results that fell below expectations. For the quarter ended Sept. 2, earnings fell to $926,000, or 2 cents a share, from $125.3 million, or $2.57 a share, in the same period a year ago, and fell short of the FactSet consensus analyst estimate of 33 cents a share. Meanwhile, sales fell to $459.3 million from $658.3 million in the year-ago period, short of analyst forecasts of $479.5 million.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

SmileDirectClub shares plunge after bankruptcy filing, with Syndax and AMC shares climbing and other active stocksShares of SmileDirectClub, Syndax Pharmaceuticals, AMC and Chinese automakers were most active ahead of Monday's market open.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »