Cal-Maine Foods Q4 2024 Adj EPS $2.32 Beats $1.85 Estimate, Sales $640.80M Beat $608.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cal-Maine Foods (NASDAQ:CALM) reported Q4 2024 adjusted EPS of $2.32, beating the $1.85 estimate. Sales were $640.80M, surpassing the $608.66M estimate but down 6.95% from last year's $688.68M.
July 23, 2024 | 8:06 pm
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Cal-Maine Foods reported strong Q4 2024 earnings with an EPS of $2.32, beating estimates by 25.41%. Sales also exceeded expectations at $640.80M, though they were down 6.95% year-over-year.
The strong earnings beat and sales exceeding expectations are positive indicators for Cal-Maine Foods. However, the year-over-year decline in sales may temper some of the enthusiasm. Overall, the short-term impact on the stock price is likely to be positive.
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IMPORTANCE 80
RELEVANCE 100