The egg producer forecasts £272.56 million of revenue in fiscal Q3.
Cal-Maine saw a decline of over 10% in the stock market last year.
Cal-Maine Foods Inc. (NASDAQ: CALM) published its financial results for the fiscal second quarter on Tuesday that topped analysts’ estimates for earnings and revenue despite the ongoing Coronavirus pandemic that has so far infected more than 21 million people in the United States and caused over 350 thousand deaths.
Cal-Maine Foods jumped roughly 6% in after-hours trading on Tuesday. The stock now has a per-share price of £29 versus £22.72 per share in March 2020, when the COVID-19 crisis disrupted its business and weighed on demand.