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DAILY EARNINGS

Cal-Maine Food Net Jumps; AAR Net Swings to Loss


Author: Mukesh Buch
ticker.com
Last Update: 1:20 PM ET March 30 2015

12:30 AM New York AAR third-quarter net swung to a loss of $34.5 million after sales declined 5%. Cal-Maine Foods third-quarter net surged 19% to $51 million on 11% increase in revenues.

Tollbooth Index jumped 0.8% or 78.92 to 10,505.52.

Earnings Review

AAR Corp (AIR), the aircraft equipment and parts maker said net sales in the third-quarter ending in February dropped 4.9% to $380.1 million from a year ago period.

Net in the quarter swung to a loss of $34.5 million or 89 cents per diluted share compared to profit of $17.9 million or 45 cents from the same quarter last year.

Cal-Maine Foods Inc (CALM), the poultry products distributor reported net sales in the third-quarter ending in February soared 10.6% to $437.6 million from a year ago period.

Net income in the quarter surged 18.6% to $50.9 million or $1.05 per diluted share compared to $42.9 million or 89 cents from the same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc