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Benzinga
134 days

Top Wall Street Forecasters Revamp Cal-Maine Foods Price Expectations Ahead Of Q3 Earnings

1. CALM will announce Q3 earnings after market close on April 8. 2. Analysts expect earnings of $10.90 per share, up from $2.99 YoY. 3. Projected revenue stands at $1.43 billion, significantly higher than last year. 4. Recent share price closed at $92.29, with a slight decline of 0.7%. 5. Analysts show mixed ratings; Goldman Sachs maintains a Sell rating.

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FAQ

Why Bullish?

The substantial expected earnings surge could drive investor optimism, akin to previous earnings beats.

How important is it?

The significant growth in projected earnings and revenue can attract investor interest despite analyst caution.

Why Short Term?

The upcoming earnings report will influence stock price immediately in response to investor reactions.

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