Cal-Maine Foods Inc (CALM) released earnings for third quarter that Dropped, from last year
The company's earnings totaled $50.459 million, or $1.06 per share. This compares with $508.533 million, or $10.38 per share, last year.
The company's revenue for the period fell 52.9% to $666.951 million from $1.417 billion last year.
Cal-Maine Foods Inc earnings at a glance (GAAP) :
-Earnings: $50.459 Mln. vs. $508.533 Mln. last year.-EPS: $1.06 vs. $10.38 last year.-Revenue: $666.951 Mln vs. $1.417 Bln last year.
This decline in revenue reflects a drop in egg sales volumes and prices.
For the third quarter, Cal-Maine Foods will pay a cash dividend of around $0.36 per share on May 14 to the shareholders of record as of April 29.
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