Science Applications Posts Better-Than-Expected Earnings, Joins Qifu Technology, Baidu, American Eagle And Other Big Stocks Moving Higher On Monday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
0mins
Should l Buy CALM?
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks rose on Monday, with the Dow Jones gaining approximately 350 points, driven by strong performances from companies like Science Applications International Corporation (SAIC), which saw a 7.1% increase after reporting better-than-expected financial results.
Notable Stock Gains: Other significant stock gains included Guess?, Inc. up 28.5% following an acquisition proposal, and Diginex Limited rising 21.3%, among others, as various companies reported positive financial outcomes or strategic initiatives.
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Analyst Views on CALM
Wall Street analysts forecast CALM stock price to rise
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 79.150
Low
85.00
Averages
90.00
High
100.00
Current: 79.150
Low
85.00
Averages
90.00
High
100.00
About CALM
Cal-Maine Foods, Inc. is primarily engaged in the production, packaging, marketing and distribution of fresh shell eggs, including conventional, cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced eggs, as well as a variety of ready-to-eat egg products. The Company’s integrated operations consist of hatching chicks, growing and maintaining flocks of pullets, layers and breeders, manufacturing feed, and producing, processing, packaging, and distributing shell eggs. The Company provides specialty and conventional eggs. Specialty eggs encompass a broad range of products, such as cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced eggs. Its Farmhouse Eggs brand eggs are produced at its facilities by hens that are provided with a vegetarian diet. It markets organic, vegetarian and omega-3 eggs under its 4-Grain brand, which consists of conventional and cage-free eggs. Its Sunups and Sunny Meadow brands are sold as conventional eggs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cal-Maine Foods Reports Significant Q3 Earnings Volatility
- Specialty Egg Sales Surge: Cal-Maine Foods reported that specialty egg sales accounted for 50.5% of total shell egg sales in Q3 2026, up from 24.4% last year, indicating enhanced competitiveness in the premium market and expected future revenue growth.
- Prepared Foods Sales Spike: Prepared foods contributed 9.5% to net sales, a significant increase from 0.8% last year, demonstrating the company's success in diversifying its product lines, which will help improve overall profitability moving forward.
- Strong Financial Position: The company maintains a robust balance sheet with cash and temporary cash investments of $1.152 billion and is virtually debt-free, providing ample funding for future expansion and investment opportunities.
- Net Sales Decline: Despite strong performance in specialty eggs and prepared foods, Q3 2026 net sales were $667 million, a 53% decrease year-over-year, primarily due to a 72.1% drop in conventional egg sales, posing significant challenges to the company's overall financial health.
See More
Eli Lilly Gains FDA Approval, Shares Rise
- FDA Drug Approval: Eli Lilly's once-daily GLP-1 pill Foundayo received FDA approval, leading to a 4% rise in shares, which will enhance the company's competitive edge in the obesity treatment market and drive future sales growth.
- Cybersecurity Incident Impact: Hasbro's shares fell over 4% due to a cybersecurity incident involving unauthorized network access, with the company investigating the full impact and implementing protective measures, potentially increasing operational costs in the short term.
- Tobacco Product Delay: Philip Morris International's shares dropped more than 5% after the FDA delayed authorization for nicotine pouch sales, which may hinder the company's future market expansion plans, particularly among new user demographics.
- Semiconductor Buyback Plan: Intel announced a $14.2 billion buyback of a 49% stake in its Ireland Fab 34 joint venture, resulting in a 9% increase in shares, with funding sourced from cash on hand and approximately $6.5 billion in new debt, expected to strengthen its position in the global semiconductor market.
See More
Cal-Maine Foods Surpasses Expectations in Q3 Earnings
- Revenue Decline: Cal-Maine Foods reported a 53% year-over-year revenue drop to $667 million in Q3, primarily due to falling egg prices as the supply shock from avian influenza in the U.S. eases.
- Conventional Egg Sales: Conventional egg sales plummeted 72.1%, with prices down 70.1% and volumes down 6.7%, although a higher proportion of sales under hybrid pricing models provided greater stability through market cycles.
- Specialty Egg Sales Growth: Despite an overall decline, specialty egg sales increased by 12.1%, with a 5.8% rise in sales volume, indicating broad-based growth across subcategories like free-range and pasture-raised eggs.
- Prepared Foods Surge: Prepared foods sales skyrocketed 441% to $63.6 million, driven primarily by the acquisition of Echo Lake, which significantly boosted sales volume during the quarter.
See More
Cal-Maine Foods Appoints New Board Member
- New Board Appointment: Cal-Maine Foods has appointed Dudley D. Wooley to its Board of Directors, leveraging his extensive experience in risk management and business strategy to enhance the Board's expertise and support the company's long-term growth strategy.
- Rich Leadership Background: Wooley, currently CEO of Ross & Yerger Insurance, brings over three decades of industry experience, having driven growth and profitability initiatives, which is expected to provide significant support for Cal-Maine's strategic expansion.
- Strategic Alignment: Board Chair Dolph Baker noted that Wooley's leadership experience aligns well with the company's goals of achieving a higher-value, more consistent earnings model, which is anticipated to enhance the company's ability to navigate evolving market dynamics.
- Successor Context: Wooley succeeds the late Jim Poole, who made significant contributions during his tenure, and his appointment is viewed as a crucial step in continuing and strengthening the company's governance.
See More
Cal-Maine Foods Q3 Earnings Exceed Expectations
- Strong Earnings Performance: Cal-Maine Foods reported a Q3 GAAP EPS of $1.06, beating expectations by $0.30, indicating robust profitability despite a significant 53% year-over-year revenue decline.
- Revenue Structure Shift: The company generated $666.95 million in revenue for the quarter, surpassing market expectations by $24.47 million, demonstrating resilience in sales capabilities amid challenging market conditions.
- Growth in Specialty Egg Sales: Specialty eggs accounted for 50.5% of total shell egg sales, up 261 basis points year-over-year, reflecting a sustained consumer demand for high-quality egg products and enhancing the company's competitive position.
- Increased Contribution from Prepared Foods: Prepared foods represented 9.5% of net sales, an increase of 870 basis points, with the combined sales of specialty eggs and prepared foods reaching 52.9%, thereby enhancing the diversity and profitability of the company's overall product portfolio.
See More
US Stocks Performance Review and Outlook
- Employment Data Expectations: ADP is set to release employment data at 8:15 a.m. ET, with a consensus estimate of 39,000 new jobs in the private sector, which will provide a crucial indicator of economic health and could influence investor confidence and market trends.
- Retail Sales Growth: Retail sales figures are expected to be released at 8:30 a.m., with a general forecast of a 0.5% increase, a data point that will directly impact consumer spending and the outlook for economic recovery, potentially guiding a market rebound.
- Corporate Earnings Dynamics: Cal-Maine, Conagra, and Lamb Weston are scheduled to report earnings before the bell, with Cal-Maine's stock flat over the past three months, Conagra down 9%, and Lamb Weston showing no significant change, all of which will affect investor sentiment towards the food sector.
- Market Performance Review: In the first quarter, the Russell 2000 index rose by 0.58%, making it the best performer among major indices, while the S&P 500 and Nasdaq 100 fell by 4.63% and 5.98%, respectively, reflecting market volatility and cautious investor sentiment.
See More
Cal-Maine Foods Reports Significant Q3 Earnings Volatility
- Specialty Egg Sales Surge: Cal-Maine Foods reported that specialty egg sales accounted for 50.5% of total shell egg sales in Q3 2026, up from 24.4% last year, indicating enhanced competitiveness in the premium market and expected future revenue growth.
- Prepared Foods Sales Spike: Prepared foods contributed 9.5% to net sales, a significant increase from 0.8% last year, demonstrating the company's success in diversifying its product lines, which will help improve overall profitability moving forward.
- Strong Financial Position: The company maintains a robust balance sheet with cash and temporary cash investments of $1.152 billion and is virtually debt-free, providing ample funding for future expansion and investment opportunities.
- Net Sales Decline: Despite strong performance in specialty eggs and prepared foods, Q3 2026 net sales were $667 million, a 53% decrease year-over-year, primarily due to a 72.1% drop in conventional egg sales, posing significant challenges to the company's overall financial health.
See More
Eli Lilly Gains FDA Approval, Shares Rise
- FDA Drug Approval: Eli Lilly's once-daily GLP-1 pill Foundayo received FDA approval, leading to a 4% rise in shares, which will enhance the company's competitive edge in the obesity treatment market and drive future sales growth.
- Cybersecurity Incident Impact: Hasbro's shares fell over 4% due to a cybersecurity incident involving unauthorized network access, with the company investigating the full impact and implementing protective measures, potentially increasing operational costs in the short term.
- Tobacco Product Delay: Philip Morris International's shares dropped more than 5% after the FDA delayed authorization for nicotine pouch sales, which may hinder the company's future market expansion plans, particularly among new user demographics.
- Semiconductor Buyback Plan: Intel announced a $14.2 billion buyback of a 49% stake in its Ireland Fab 34 joint venture, resulting in a 9% increase in shares, with funding sourced from cash on hand and approximately $6.5 billion in new debt, expected to strengthen its position in the global semiconductor market.
See More
Cal-Maine Foods Surpasses Expectations in Q3 Earnings
- Revenue Decline: Cal-Maine Foods reported a 53% year-over-year revenue drop to $667 million in Q3, primarily due to falling egg prices as the supply shock from avian influenza in the U.S. eases.
- Conventional Egg Sales: Conventional egg sales plummeted 72.1%, with prices down 70.1% and volumes down 6.7%, although a higher proportion of sales under hybrid pricing models provided greater stability through market cycles.
- Specialty Egg Sales Growth: Despite an overall decline, specialty egg sales increased by 12.1%, with a 5.8% rise in sales volume, indicating broad-based growth across subcategories like free-range and pasture-raised eggs.
- Prepared Foods Surge: Prepared foods sales skyrocketed 441% to $63.6 million, driven primarily by the acquisition of Echo Lake, which significantly boosted sales volume during the quarter.
See More
Cal-Maine Foods Appoints New Board Member
- New Board Appointment: Cal-Maine Foods has appointed Dudley D. Wooley to its Board of Directors, leveraging his extensive experience in risk management and business strategy to enhance the Board's expertise and support the company's long-term growth strategy.
- Rich Leadership Background: Wooley, currently CEO of Ross & Yerger Insurance, brings over three decades of industry experience, having driven growth and profitability initiatives, which is expected to provide significant support for Cal-Maine's strategic expansion.
- Strategic Alignment: Board Chair Dolph Baker noted that Wooley's leadership experience aligns well with the company's goals of achieving a higher-value, more consistent earnings model, which is anticipated to enhance the company's ability to navigate evolving market dynamics.
- Successor Context: Wooley succeeds the late Jim Poole, who made significant contributions during his tenure, and his appointment is viewed as a crucial step in continuing and strengthening the company's governance.
See More
Cal-Maine Foods Q3 Earnings Exceed Expectations
- Strong Earnings Performance: Cal-Maine Foods reported a Q3 GAAP EPS of $1.06, beating expectations by $0.30, indicating robust profitability despite a significant 53% year-over-year revenue decline.
- Revenue Structure Shift: The company generated $666.95 million in revenue for the quarter, surpassing market expectations by $24.47 million, demonstrating resilience in sales capabilities amid challenging market conditions.
- Growth in Specialty Egg Sales: Specialty eggs accounted for 50.5% of total shell egg sales, up 261 basis points year-over-year, reflecting a sustained consumer demand for high-quality egg products and enhancing the company's competitive position.
- Increased Contribution from Prepared Foods: Prepared foods represented 9.5% of net sales, an increase of 870 basis points, with the combined sales of specialty eggs and prepared foods reaching 52.9%, thereby enhancing the diversity and profitability of the company's overall product portfolio.
See More
US Stocks Performance Review and Outlook
- Employment Data Expectations: ADP is set to release employment data at 8:15 a.m. ET, with a consensus estimate of 39,000 new jobs in the private sector, which will provide a crucial indicator of economic health and could influence investor confidence and market trends.
- Retail Sales Growth: Retail sales figures are expected to be released at 8:30 a.m., with a general forecast of a 0.5% increase, a data point that will directly impact consumer spending and the outlook for economic recovery, potentially guiding a market rebound.
- Corporate Earnings Dynamics: Cal-Maine, Conagra, and Lamb Weston are scheduled to report earnings before the bell, with Cal-Maine's stock flat over the past three months, Conagra down 9%, and Lamb Weston showing no significant change, all of which will affect investor sentiment towards the food sector.
- Market Performance Review: In the first quarter, the Russell 2000 index rose by 0.58%, making it the best performer among major indices, while the S&P 500 and Nasdaq 100 fell by 4.63% and 5.98%, respectively, reflecting market volatility and cautious investor sentiment.
See More
