Cal-Maine Foods, Inc. (CALM) shares rose 4.19 percent, up $3.31 to $82.35 on Wednesday, even after the company reported third-quarter net income of $50.46 million, down sharply from $508.53 million a year earlier, as lower egg sales volumes and prices weighed on results. EPS fell to $1.06 from $10.38 in the prior-year quarter.
The stock is currently trading at $82.35, above its previous close of $79.04, after opening at $82.20 on the Nasdaq. Shares traded in a range of $80.43 to $84.94 during the session, with volume at 0.68 million shares, below the average daily volume of 1.21 million.
Revenue declined 52.9 percent to $666.95 million from $1.42 billion a year earlier. The company also announced a quarterly cash dividend of about $0.36 per share, payable on May 14 to shareholders of record as of April 29.
Cal-Maine Foods' 52-week range is $71.92 to $126.40.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.