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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Cal-Maine Foods has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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]