- Cal-Maine Foods reported third-quarter net sales of $1.42 billion, matching analyst estimates.
- This is a significant increase from the $703.1 million reported in net sales for the same period the previous year.
- Sales estimates were slightly higher at $1.43 billion, as per the average from two estimates.
- Cal-Maine sold 331.40 million dozen eggs, marking a 10% increase year-over-year.
- The average selling price per dozen eggs jumped by 81%, reaching $4.060.
- The company expects earnings to positively impact by at least mid-single digits starting in fiscal 2026.
- Cal-Maine anticipates a return on equity exceeding the company’s cost of capital.
- Max Bowman, the CFO, noted industry volatility challenges such as disease outbreaks, and fluctuating production costs.
- Current market ratings show 1 buy and 1 hold recommendation, with no sell recommendations for Cal-Maine.
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A look at Cal Maine Foods Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have given Cal Maine Foods a positive long-term outlook based on its Smart Scores. With a strong Growth score of 5, the company is expected to expand and increase its market presence over time. Additionally, Cal Maine Foods received high scores in Dividend, Resilience, and Momentum, indicating its ability to withstand market fluctuations and maintain a steady performance. This suggests that the company is well-positioned for future growth and sustainability in the egg production industry.
Cal-Maine Foods, Inc. is a company that produces, processes, and markets fresh shell eggs in several regions of the United States. Supported by favorable Smart Scores in Value, Dividend, Growth, Resilience, and Momentum, Cal Maine Foods shows promise for long-term success and stability in its operations. Investors may find this company attractive for its strong growth potential and resilient performance in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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