Cal-Maine Foods: Here’s What Investors Need to Know Before Earnings
Cal-Maine Foods (NASDAQ:CALM) will report earnings before markets open on Monday, April 1st. Cal-Maine Foods, Inc. produces, cleans, grades, packs, and sells fresh shell eggs. The Company markets its products in various states in the Southwestern, Southeastern, Midwestern, and Mid-Atlantic regions of the United States.
Here is your Cheat Sheet to Cal-Maine Foods Earnings:
Earnings Expectations: Analysts expect earnings of $1.55 per share on revenues of $321.40 million. Currently, the company’s P/E ratio stands at 11.59.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.59 to a profit $0.75. For the current year, the average estimate is a profit of $3.3, which is better than the estimate ninety days ago.
Here’s how Cal-Maine Foods has been performing on an annual basis:
|Revenue ($) in millions||915.94||928.81||910.14||941.98||1,113|
|Diluted EPS ($)||6.40||3.34||2.84||2.54||3.75|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Nov. 30, 2011||Feb. 29, 2012||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012|
|Revenue ($) in millions||290.37||303.66||275.24||272.93||328.87|
|Diluted EPS ($)||0.97||1.09||1.56||0.39||0.60|
Cal-Maine Foods has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)