trending Market Intelligence /marketintelligence/en/news-insights/trending/mCAnaONymNN-GwoIlR75Xw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Cal-Maine Foods fiscal Q4 profit climbs 40.6% YOY

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Cal-Maine Foods fiscal Q4 profit climbs 40.6% YOY

Cal-Maine Foods Inc. said its normalized net income for the fiscal fourth quarter ended May 30 was 91 cents per share, compared with the S&P Capital IQ consensus estimate of $1.04 per share.

EPS climbed 40.4% year over year from 65 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $44.3 million, an increase of 40.6% from $31.5 million in the year-earlier period.

The normalized profit margin increased to 10.9% from 8.5% in the year-earlier period.

Total revenue climbed 8.5% year over year to $403.0 million from $371.6 million, and total operating expenses grew from the prior-year period to $336.4 million from $321.9 million.

Reported net income rose 46.8% year over year to $46.1 million, or 95 cents per share, from $31.4 million, or 65 cents per share.

For the year, the company's normalized net income totaled $3.16 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $3.42.

EPS rose 51.6% from $2.09 in the prior year.

Normalized net income was $153.2 million, an increase of 52.0% from $100.8 million in the prior year.

Full-year total revenue increased 9.4% year over year to $1.58 billion from $1.44 billion, and total operating expenses increased on an annual basis to $1.34 billion from $1.29 billion.

The company said reported net income grew 47.8% on an annual basis to $161.3 million, or $3.33 per share, in the full year, from $109.2 million, or $2.26 per share.