Cal-Maine Swings to Q1 Loss (CALM)
Mon. September 28, 2009; Posted: 10:28 AM
Sep 28, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 9/28/2009-Shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) are trading 1.6% lower to $27.33, after hitting an intraday low of $24.90, after the egg producer reported a Q1 loss of 16 cents per share, (vs. consensus estimates of a profit of 26 cents per share), and a year-ago profit of 47 cents per share. Cal-Maine cited lower demand from restaurants and food service customers. In addition, Cal-Maine said it doesn't pay dividends when it reports a loss for the quarter.
Write to Chip Brian at cbrian@tradethetrend.com
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For full details on Cal-Maine Foods Inc (CALM)
click here. Cal-Maine Foods Inc (CALM) has Short Term PowerRatings of 4. Details on Cal-Maine Foods Inc (CALM) Short Term PowerRatings is available at
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