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Last Update: 27-Dec-11 09:39 ET
Cal-Maine Foods Up Notably On This Morning's Earnings Results
Cal-Maine (CALM $36.26+2.01) is almost 6% higher after topping second quarter earnings and revenue expectations this morning.
Earlier, the company reported second quarter earnings of $0.97 per share, $0.27 better than the dual est of $0.70.
Revenues rose 23.8% year/year to $290.4 million versus the $281.64 million dual est.
For the second quarter of fiscal 2012, the company will pay a cash dividend of ~$0.325 per share to holders of its common and Class A common stock. The amount paid could vary slightly based on the amount of outstanding shares on the record date. The dividend is payable February 9, 2012, to shareholders of record on January 25, 2012. Prior yearly dividend was $0.18 per share.
Earlier, the company reported second quarter earnings of $0.97 per share, $0.27 better than the dual est of $0.70.
Revenues rose 23.8% year/year to $290.4 million versus the $281.64 million dual est.
For the second quarter of fiscal 2012, the company will pay a cash dividend of ~$0.325 per share to holders of its common and Class A common stock. The amount paid could vary slightly based on the amount of outstanding shares on the record date. The dividend is payable February 9, 2012, to shareholders of record on January 25, 2012. Prior yearly dividend was $0.18 per share.
