Cal-Maine Foods: a disappointing Q2
(CercleFinance.com) - The Cal-Maine Foods stock is expected to open down on Wall Street this Friday, following the group's publication of disappointing Q2 results.
The group has seen its loss per share to widen to 54 cents, against a previous loss of 48 cents a year ago. Excluding extraordinary items, it posted EPS of 55 cents, while the consensus was much more optimistic, expecting 68 cents.
Revenues rose from 253.5 million to 361.2 million dollars, although analysts expected stronger growth, at 364 million dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The group has seen its loss per share to widen to 54 cents, against a previous loss of 48 cents a year ago. Excluding extraordinary items, it posted EPS of 55 cents, while the consensus was much more optimistic, expecting 68 cents.
Revenues rose from 253.5 million to 361.2 million dollars, although analysts expected stronger growth, at 364 million dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.