Cal-Maine Foods Inc Q2 Earnings Climb 198%

(RTTNews) - Cal-Maine Foods Inc (CALM) released a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $109.23 million, or $2.26 per share. This was higher than $36.60 million, or $0.76 per share, in last year's second quarter.

Analysts had expected the company to earn $2.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 44.2% to $545.98 million. This was up from $378.62 million last year.

Cal-Maine Foods Inc earnings at a glance:

-Earnings (Q2): $109.23 Mln. vs. $36.60 Mln. last year. -Earnings Growth (Y-o-Y): 198.4% -EPS (Q2): $2.26 vs. $0.76 last year. -EPS Growth (Y-o-Y): 197.4% -Analysts Estimate: $2.40 -Revenue (Q2): $545.98 Mln vs. $378.62 Mln last year. -Revenue Change (Y-o-Y): 44.2%