Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Cal-Maine Foods Is Up 2.4% (CALM)
Two weeks ago on December 31st, 2012 Cal-Maine Foods (NASDAQ:CALM) reported earnings and analysts, on average, expected earnings of $0.90 on sales of $326.0 million. The company actually reported EPS of $0.60 on sales of $328.9 million, missing EPS estimates by $0.30 and beating revenue estimates by $2.9 million. Shares of Cal-Maine Foods have climbed from $40.22 to $41.18, representing a gain of 2.4% since the company reported earnings 14 days ago.
Cal-Maine Foods share prices have moved between a 52-week high of $47.66 and a 52-week low of $34.06 and are now trading 21% above that low price at $41.18 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in Cal-Maine Foods. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cal-Maine Foods in search of a potential trend change.
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