FMP

FMP

Enter

Cal-Maine Foods, Inc. (NASDAQ: CALM) Quarterly Earnings Insight

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Google Images

  • Earnings per Share (EPS) is estimated at $3.03 for the upcoming quarterly release.
  • The company's revenue is projected to be approximately $709.5 million.
  • Key financial ratios such as the Price-to-Earnings (P/E) ratio of 11.74 and Current Ratio of 4.13 highlight Cal-Maine's market valuation and liquidity.

Cal-Maine Foods, Inc. (NASDAQ: CALM) is a prominent player in the egg industry, specializing in the production, grading, packaging, marketing, and distribution of fresh shell eggs. The company offers a diverse range of products, including conventional, cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced eggs. As a leader in its field, Cal-Maine competes with other egg producers, focusing on quality and variety to maintain its market position.

Cal-Maine is set to release its quarterly earnings on Wednesday, January 1, 2025, with Wall Street analysts estimating an earnings per share (EPS) of $3.03. The company's revenue is projected to be approximately $709.5 million. This release will provide insights into the company's financial health and performance, as highlighted by the upcoming announcement on Tuesday, January 7, 2025, through a press release after the market closes.

The company's financial metrics offer a deeper understanding of its market valuation. With a price-to-earnings (P/E) ratio of 11.74, investors can gauge how the market values Cal-Maine's earnings. The price-to-sales ratio of 1.89 indicates the amount investors are willing to pay per dollar of sales, while the enterprise value to sales ratio of 1.82 reflects the company's total valuation relative to its sales.

Cal-Maine's enterprise value to operating cash flow ratio stands at 8.81, providing insight into its cash flow generation compared to its valuation. This ratio helps investors understand how efficiently the company generates cash from its operations. Additionally, an earnings yield of 8.52% offers a perspective on the return on investment, making it an attractive option for investors seeking returns.

The company's current ratio of 4.13 indicates strong liquidity, showcasing its ability to cover short-term liabilities. This robust liquidity position suggests that Cal-Maine is well-prepared to meet its financial obligations, ensuring stability and confidence among investors and stakeholders.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title

May 27, 2024 3:30 PM - Rajnish Katharotiya

The best 5 GPU stocks other than NVDA

In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep