Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit
Eggs are starting the year on a rotten note as prices surge after the return of the bird flu. According to the latest USDA report from mid-December, US egg production is down 4% year over year, with 3% fewer egg-laying hens.
Egg Producer Cal-Maine Stock Surges as Prices Near Record
Cal-Maine Foods’s stock rose about 5% after hours as the nation’s largest egg producer reported stronger-than-expected quarterly profits despite [bird flu roiling the sector](
Holidays and higher egg prices lift Cal-Maine’s results and stock
Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreak
Cal-Maine Foods Stock Climbs on Strong Earnings, Thanks to Higher Egg Prices
Key Takeaways Cal-Maine Foods shares gained Wednesday, a day after the company reported better-than-expected results on higher egg prices and holiday season demand.The biggest U.S. egg producer also benefited from the acquisition of the production assets of ISE America.
CALM Stock Sees Solid Earnings Growth on High Egg Prices & Demand
CalMaine Foods, Inc. CALM reported earnings per share of $4.47 in second-quarter fiscal 2025 (ended Nov. 30, 2024). This represents a significant improvement from earnings of 35 cents in the year-ago quarter,
Cal-Maine Foods' 2Q Rev, Profit Up Sharply on Higher Egg Prices
Cal-Maine Foods said revenue and profit spiked in its fiscal second quarter as consumer demand for eggs outpaced supply, which has been squeezed by recent bird flu outbreaks. The egg producer on Tuesday reported a profit of $219.
Cal-Maine Foods Fiscal Second-Quarter Results Rise Annually Amid Higher Egg Prices, Strong Demand
Cal-Maine Foods (CALM) shares rose early Wednesday as the egg producer's fiscal second-quarter results increased year over year driven by robust demand for shell eggs and higher prices. The company posted net income of $4.
Cal-Maine profits surge on higher egg prices, holiday demand
Reflecting higher egg prices and increased demand during the holiday season, Cal-Maine Foods (NASDAQ:CALM) reported solid fiscal Q2 results, beating Wall Street’s expectations and driving shares up more than 5% in Tuesday’s after-hours trading.
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Cal-Maine Foods: Risk Of Cyclical Peak From Avian Flu
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