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DAILY EARNINGS

Cal-Maine Net Jumps, Ferrellgas Partners Net Loss Widens


Author: Mukesh Buch
ticker.com
Last Update: 12:38 PM ET September 29 2014

12:30 AM New York Cal-Maine Foods first-quarter net surged 215% to $28 million. Cantel Medical fourth-quarter net soared 15% to $11 million. Ferrellgas Partners fourth-quarter net loss widened to $47.3 million.

Tollbooth Index fell 0.3% or 30.94 to 9,256.86.

Earnings Review

Cal-Maine Foods Inc (CALM) slipped 1.5% or $1.31 to $84.16 after the shell eggs marketer reported net sales in the first-quarter ending in August jumped 12% to $356.9 million from a year ago period.

Net income in the quarter surged 214.8% to $27.7 million or $1.15 a diluted share compared to $8.8 million or 36 cents from a same quarter last year.

Cantel Medical Corp (CMN) rose 11 cents to $35.28 after the medical equipment maker said sales in the fourth-quarter ending in July climbed 15% to $131.4 million from a year ago period.

Net income in the quarter soared 14.8% to $10.7 million or 26 cents a diluted share compared to $10.2 million or 25 cents from a same quarter last year.

Ferrellgas Partners, L.P (FGP) dropped 1.3% or 36 cents to $27.78 after the propane related equipment maker stated total revenue in the fourth-quarter ending in July jumped to $399 million from a year ago period.

Net loss in the quarter widened to $47.3 billion or 58 cents a diluted share compared to $28.5 million or 36 cents from a 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