Investing.com - Cal-Maine reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cal-Maine announced earnings per share of $2.57 on revenue of $658.34M. Analysts polled by Investing.com anticipated EPS of $2.38 on revenue of $605.1M.
Cal-Maine shares are down 13% from the beginning of the year , still down 2.07% from its 52 week high of $61.81 set on Tuesday, September 27, 2022.
Cal-Maine follows other major Consumer Staples sector earnings this month
Cal-Maine's report follows an earnings beat by Costco on Thursday, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.15 on revenue of $71.64B.
General Mills had beat expectations on Wednesday, September 21, 2022 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $0.99 on revenue of $4.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar