Cal-Maine Foods (NASDAQ:CALM) will report earnings after the bell. Last quarter, revenue missed estimates by 0.8%, totaling $1.42 billion, up 102% YoY. Analysts expect revenue to grow 41.9% YoY to $909.6 million, with adjusted earnings at $6.28 per share. Peers like McCormick and Simply Good Foods posted results in line with expectations, with share prices up 1.3% on average in the consumer staples segment. Cal-Maine is up 4.9% over the last month. Analysts have reconfirmed estimates, but the company has missed revenue expectations four times in two years. For more insights, check out the full analysis.
Read more at Barchart: Cal-Maine (CALM) Q2 Earnings Report Preview: What To Look For