RIDGELAND, Miss. (AP) — RIDGELAND, Miss. (AP) — Cal-Maine Foods Inc. (CALM) on Tuesday reported fiscal fourth-quarter profit of $110.9 million.
On a per-share basis, the Ridgeland, Mississippi-based company said it had net income of $2.27.
The egg producer posted revenue of $688.7 million in the period.
For the year, the company reported profit of $758 million, or $15.52 per share. Revenue was reported as $3.15 billion.
Cal-Maine shares have dropped 17% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $45.07, a decrease of 21% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CALM">Zacks stock report on CALM at https://www.zacks.com/ap/CALM