Cal-Maine Foods (CALM) Expected to Announce Earnings on Wednesday

Key Points

• Cal-Maine will report Q3 2026 results before the market opens on April 1, 2026, with analysts forecasting $0.888 EPS and $655.824 million in revenue and a conference call scheduled for 6:00 AM ET.
• In the last quarter the company missed estimates—$2.13 EPS vs. $2.17 expected and $769.5M revenue vs. $828.46M expected—with revenue down 19.4% year‑over‑year; analysts now project about $16 EPS for the current fiscal year and $5 for the next.
• Cal‑Maine trades at a low valuation (market cap ~$3.75B, P/E ~3.32) and recently paid a $0.72 quarterly dividend (annualized $2.88, ~3.7% yield) while institutional ownership remains high (~84.7%).

Cal-Maine Foods (NASDAQ:CALM - Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Wednesday, April 1st. Analysts expect the company to announce earnings of $0.8880 per share and revenue of $655.8240 million for the quarter. Interested persons can check the company's upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 1, 2026 at 6:00 AM ET.

Cal-Maine Foods (NASDAQ:CALM - Get Free Report) last released its quarterly earnings data on Wednesday, January 7th. The basic materials company reported $2.13 EPS for the quarter, missing analysts' consensus estimates of $2.17 by ($0.04). The business had revenue of $769.50 million during the quarter, compared to analyst estimates of $828.46 million. Cal-Maine Foods had a net margin of 27.37% and a return on equity of 44.55%. The company's revenue was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.47 earnings per share. On average, analysts expect Cal-Maine Foods to post $16 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Cal-Maine Foods Stock Up 2.0%

CALM stock opened at $78.60 on Wednesday. The business has a fifty day moving average of $83.42 and a two-hundred day moving average of $87.30. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 3.32 and a beta of 0.26. Cal-Maine Foods has a 52-week low of $71.92 and a 52-week high of $126.40.

Cal-Maine Foods Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Wednesday, January 28th were issued a dividend of $0.72 per share. The ex-dividend date was Wednesday, January 28th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.7%. Cal-Maine Foods's dividend payout ratio is currently 12.21%.

Hedge Funds Weigh In On Cal-Maine Foods

Hedge funds have recently bought and sold shares of the company. Millennium Management LLC grew its position in Cal-Maine Foods by 533.2% in the 4th quarter. Millennium Management LLC now owns 348,762 shares of the basic materials company's stock valued at $27,751,000 after acquiring an additional 293,684 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Cal-Maine Foods by 32.2% during the fourth quarter. Bank of New York Mellon Corp now owns 759,310 shares of the basic materials company's stock worth $60,418,000 after purchasing an additional 184,843 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Cal-Maine Foods by 66.9% in the second quarter. Qube Research & Technologies Ltd now owns 435,376 shares of the basic materials company's stock valued at $43,377,000 after purchasing an additional 174,576 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Cal-Maine Foods by 8.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,218,573 shares of the basic materials company's stock valued at $176,536,000 after purchasing an additional 166,402 shares during the period. Finally, UBS Group AG grew its holdings in shares of Cal-Maine Foods by 82.4% in the third quarter. UBS Group AG now owns 345,800 shares of the basic materials company's stock valued at $32,540,000 after purchasing an additional 156,256 shares in the last quarter. Institutional investors and hedge funds own 84.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Weiss Ratings downgraded Cal-Maine Foods from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, December 29th. Stephens upped their target price on shares of Cal-Maine Foods from $85.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 18th. BMO Capital Markets lowered their target price on shares of Cal-Maine Foods from $97.00 to $85.00 and set a "market perform" rating for the company in a research note on Thursday, January 8th. Finally, Benchmark reiterated a "buy" rating on shares of Cal-Maine Foods in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $94.00.

Cal-Maine Foods Company Profile

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States.

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