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Cal-Maine Foods reports robust Q2 earnings, beating forecasts with a $219.1 million profit and a $1.49 dividend.
Cal-Maine Foods, a major egg producer, reported strong Q2 earnings, with EPS of $4.47, beating estimates by $0.42 and revenue at $954.7 million, surpassing forecasts.
The company's profit surged to $219.1 million from $17 million last year, largely due to increased egg sales and a recent acquisition.
Additionally, Cal-Maine Foods announced a cash dividend of $1.49 per share, leading to a 4.76% after-hours stock rise.
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Cal-Maine Foods reporta fuertes ganancias Q2, superando los pronósticos con un beneficio de $219.1 millones y un dividendo de $1.49.