UPDATE: Cal Maine Reports Upbeat Q4 Profit; Shares Rise In Pre-Market

Cal Maine Foods Inc CALM reported upbeat Q4 profit on Monday. Cal Maine reported its quarterly net income at $7.3 million, or $0.30 per share, versus $21.0 million, or $0.88 per share, in the year-ago period. Its sales surged 9% to $242.4 million. Analysts were expecting earnings of $0.29 per share. Cal Maine shares gained 3.46% to $36.74 in pre-market trading.