This Egg Producer’s Stock Jumps After Earnings. What It Has to …

Shares of Cal-Maine Foods were trading higher after the egg producer beat quarterly earnings estimates thanks to strong demand and higher prices. Cal-Maine stock gained 4.7% to $108.50 in ...

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This Egg Producer’s Stock Jumps After Earnings. What It Has To …

2 weeks from now

Shares of Cal-Maine Foods were trading higher after the egg producer beat quarterly earnings estimates thanks to strong demand and higher prices. Cal-Maine stock gained 4.7% to $108.50 in ...

msn.com

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Country’s Largest Egg Producer Saw Profits Surge 718% Amid

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Mar 29, 2023 · Key Background. Cal-Maine is by far the largest egg producer in the U.S., owning more than 75% more egg-producing hens than the next largest company, according to …

forbes.com

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Cal-Maine Foods Stock Jumps As Strong Egg Demand Boosts …

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Apr 3, 2024 · Cal-Maine Food shares jumped more than 8% in premarket trading Wednesday after the company posted better-than-expected quarterly earnings and sales as strong …

investopedia.com

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Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, …

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Dec 12, 2024 · Producer price index for eggs surged 55.6% monthly in November, marking an 80.2% annual increase. Egg producers see potential for profit as costs pass to consumers; Cal …

benzinga.com

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Egg Producer Cal-Maine Stock Surges As Prices Near Record

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6 days ago · 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 …

wsj.com

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Vital Farms Stock: Egg Maker Beats Five Mag Seven Stocks To Elite …

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Oct 15, 2024 · The pasture-raised egg producer also increased its full-year net sales outlook to $590 million from $575 million. Sell-Off In Vital Farms Stock But that was not enough to …

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High Egg Prices Send Profits At Largest US Producer Soaring

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The company, which controls about 20% of the U.S. egg market according to Reuters, said its average selling price for a dozen eggs in the quarter ending Feb. 25 was $3.30, more than …

ksl.com

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This Egg Company Stock Is Surging Along With The Price Of Eggs

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Apr 29, 2022 · Cal-Maine stock sports an attractive valuation from a P/E standpoint for a stock that Wall Street expects to grow earnings per share at an average annualized rate of 245% …

fool.com

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Ethical Eggs Crack The Market And Surpass Competitors

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Sep 30, 2024 · Meanwhile, Vital Farms experienced dramatic increases in stock value, including an early May price bump from $29.91 to $37.97 following a glowing earnings call. Uptakes on …

cuny.edu

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Shares Plummet For Largest US Egg Producer Despite Record Sales

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Dec 30, 2022 · Even as chicken prices have started dropping, egg costs have hit record highs, with CNBC reporting that prices surged 49% in 2022. Those price increases have been driven …

tastingtable.com

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How This Egg Producer Beat Nvidia In IBD 50's First 6 Months Of …

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But egg producer Vital Farms beat Nvidia stock in the IBD 50. ... The stock gapped up 27% May 9 after the company reported a 169% jump in first-quarter earnings while sales popped 24%. …

msn.com

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Egg Company Vital Farms Sees Stock Climb 60 Percent After IPO

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Aug 4, 2020 · Egg producer Vital Farms closed its first day of trading up nearly 60 percent, with stock selling at $35 last Friday. Now the largest pasture-raised egg brand in the U.S., the …

thecounter.org

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Why Eggs Are Nearly $9 A Dozen In California - Morningstar

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4 days ago · By Myra P. Saefong . Spike in bird flu cases may still help lift U.S. egg prices above 2023's record high, analyst says . Egg prices at the grocery store shocked many consumers …

morningstar.com

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Eggs Cost $7 A Dozen! These Stocks Let You Cash In

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Jan 26, 2023 · And analysts think the stock will trade for 18.14 a share in 12 months, or nearly 10% higher than they are now. Profit is so high for egg producers, there's talk of possible …

investors.com

FAQs about This Egg Producer’s Stock Jumps After Earnings. What It Has to … Coupon?

Does Cal-Maine Foods stock jump after earnings?

This Egg Producer’s Stock Jumps After Earnings. What It Has to Say About Bird Flu. Shares of Cal-Maine Foods were trading higher after the egg producer beat quarterly earnings estimates thanks to strong demand and higher prices. Cal-Maine stock gained 4.7% to $108.50 in premarket trading Wednesday. Over the last 12 months, shares have soared 90%. ...

Why have shell eggs risen this fiscal year?

"Our results also reflect higher market prices, which have continued to rise this fiscal year as supply levels of shell eggs have been restricted due to recent outbreaks of highly pathogenic avian influenza ('HPAI')," Cal-Maine Foods CEO Sherman Miller said in the release. ...

Why are egg prices at the highest since January 2023?

Per Datasembly, eggs are at their highest price since January 2023. Lower production is expected until egg producers can rebuild their flocks. Consumers can expect a "continuation of higher-than-usual egg prices," Kevin Bergquist of Wells Fargo told Yahoo Finance. ...

Why are egg prices rising?

Egg prices are rising due to broader inflationary pressures and an outbreak of bird flu. Cal-Maine's industry-leading size gives it an advantage in acquisitions and ramping up production of cage-free eggs. Bird flu outbreaks could accelerate consolidation in the egg industry. ...

Is it a profitable time to be in the egg business?

It's been a profitable time to be in the egg business. Cal-Maine sold 291,000 cartons of a dozen eggs at an average price of $3.30 per carton last quarter, an increase of 1.3% in unit sales compared to the same period last year at more than twice the price. ...

Why is Cal-Maine the 'Amazon of egg producers'?

Cal-Maine is referred to as the 'Amazon of egg producers' because of its industry-leading size, which gives it an advantage in acquisitions and ramping up production of cage-free eggs. More frequent and severe bird flu outbreaks could accelerate consolidation in the egg industry, benefiting Cal-Maine. ...