Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

What Cal-Maine Foods Earnings Mean For Mutual Fund Investors (CALM)

Shauna O'Brien

|

Cal-Maine Foods logo
Before the opening bell on Monday morning, Cal-Maine Foods (CALM) released its third quarter financial results. Here’s what the results mean for mutual fund investors.

Inside CALM’s Results

Earnings

The company reported earnings of $50.9 million, or $1.05 per share, compared to $42.9 million, or 89 cents per share, last year. On average, analysts expected to see EPS of $1.10.

Revenue
Sales increased 11% to $437.36 million from $395.52 million. Analysts expected to see revenue of $410.7 million.

Higher Demand For Specialty Eggs

Although the company missed earnings estimates, CALM saw a surge in specialty egg sales. Speciality egg volumes increased 22% during the third quarter, and the company expects sales to continue driving growth.

Mutual Funds to Watch

Investors interested in CALM may also consider the following mutual funds as an alternative to investing directly in the stock. The funds below currently hold the largest stakes in the company:
Symbol Mutual Fund Stake
RYPRX Royce Premier Invmt 4.77%
NAESX Vanguard Small Cap Index 3.86%
VTSMX Vanguard Total Stock Mkt Idx 2.30%

The Bottom Line

The funds listed above allow investors to gain exposure to CALM while remaining diversified. Investors interested in CALM should also consider Pilgrim’s Pride (PPC).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Read Next

Cal-Maine Foods logo

What Cal-Maine Foods Earnings Mean For Mutual Fund Investors (CALM)

Shauna O'Brien

|

Before the opening bell on Monday morning, Cal-Maine Foods (CALM) released its third quarter financial results. Here’s what the results mean for mutual fund investors.

Inside CALM’s Results

Earnings

The company reported earnings of $50.9 million, or $1.05 per share, compared to $42.9 million, or 89 cents per share, last year. On average, analysts expected to see EPS of $1.10.

Revenue
Sales increased 11% to $437.36 million from $395.52 million. Analysts expected to see revenue of $410.7 million.

Higher Demand For Specialty Eggs

Although the company missed earnings estimates, CALM saw a surge in specialty egg sales. Speciality egg volumes increased 22% during the third quarter, and the company expects sales to continue driving growth.

Mutual Funds to Watch

Investors interested in CALM may also consider the following mutual funds as an alternative to investing directly in the stock. The funds below currently hold the largest stakes in the company:
Symbol Mutual Fund Stake
RYPRX Royce Premier Invmt 4.77%
NAESX Vanguard Small Cap Index 3.86%
VTSMX Vanguard Total Stock Mkt Idx 2.30%

The Bottom Line

The funds listed above allow investors to gain exposure to CALM while remaining diversified. Investors interested in CALM should also consider Pilgrim’s Pride (PPC).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Read Next

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.