Cal-Maine Foods Stock Climbs on Strong Earnings, Thanks to Higher Egg Prices
Key Takeaways Cal-Maine Foods shares gained Wednesday, a day after the company reported better-than-expected results on higher egg prices and holiday season demand.The biggest U.S. egg producer also benefited from the acquisition of the production assets of ISE America.
Egg Producer Cal-Maine Stock Surges as Prices Near Record
Cal-Maine Foods’s stock rose about 5% after hours as the nation’s largest egg producer reported stronger-than-expected quarterly profits despite [bird flu roiling the sector](
Why Is Cal-Maine (CALM) Stock Soaring Today
Shares of egg company Cal-Maine Foods (NASDAQ:CALM) jumped 6.4% in the morning session after the company reported strong fourth-quarter results, which blew past analysts' revenue and EPS estimates. The top line benefited from a strong demand for shell eggs.
Top Stock Movers Now: EBay, Cal-Maine Foods, AMD, and More
Key Takeaways U.S. equites were slightly lower at midday as the market weighed the latest report on private sector employment and waited for the government's jobs report later this week.EBay shares soared when Meta Platforms' Facebook allowed the online retail site to post its listing on the social media site.
Holidays and higher egg prices lift Cal-Maine’s results and stock
Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreak
Cal-Maine profits surge on higher egg prices, holiday demand
Reflecting higher egg prices and increased demand during the holiday season, Cal-Maine Foods (NASDAQ:CALM) reported solid fiscal Q2 results, beating Wall Street’s expectations and driving shares up more than 5% in Tuesday’s after-hours trading.
ksby2h
Morning Minute: Cal Fire SLO crews head south, plus new scams to watch out for
It’s Wednesday, January 8th, and we’re keeping an eye on extreme weather and fire conditions. Meteorologist Vivian Rennie has ...
Cal Football Transfer Recap: Who’s Coming In and Who’s Leaving
This is a good time to recap which Cal football players have entered the transfer portal so far, and which players are ...
California fires live updates: 2 dead, more than 1,000 structures destroyed
By Tuesday evening, a second fire had broken out miles away from the Palisades fire, in Altadena, California, prompting ...
ksby1h
'We are holding all personnel on duty' Cal Fire SLO sends crews to LA fires
Cal Fire SLO is stepping up to assist with three active fires in Los Angeles County, all currently at zero containment.
How to Watch Cal vs. Virginia | Live Stream, TV Channel for January 8
This affiliate content is not influenced by our advertising relationships, but AP and Data Skrive might earn commissions from ...
Cal's Defensive Issues to be Tested vs. Virginia
The challenge Wednesday night for the Cal basketball team is different. With Virginia coming to Haas Pavilion for an 8 p.m.
Cal Fire traslada recursos al sur de California mientras las agencias se preparan para vientos extremos
Los clientes de Southern California Edison podrían experimentar Apagones por Seguridad Pública si es necesario ...
Cal Poly freshman dies in accidental drowning while on vacation. He ‘was larger than life’
Cal Poly freshman Nico Goon, a graduate of Bishop Manogue Catholic High School in Reno, died in an accidental drowning while ...
MyNewsLA on MSN4h
Cal Fire Bolsters Resources Throughout Region During Windstorm
In the face of an intense Santa Ana windstorm, additional firefighting resources are deployed Wednesday throughout Riverside County for the remainder of the week. Cal Fire released a statement Monday ...