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DAILY EARNINGS

Omnova Net Jump, Cal-Maine Net Slips


Author: Mukesh Buch
ticker.com
Last Update: 12:08 PM ET September 30 2013

10:45 AM New York Cal-Maine Foods first-quarter sales climbed 17% but net dropped 6% to $8.8 million. Omnova Solutions third-quarter sales declined 9% and net surged 41% to $9 million. Park Electrochemical second-quarter net soared 166% to $8 million.

Earnings Review

Cal-Maine Foods, Inc. (CALM), the food products maker stated net sales in the first-quarter ending in August climbed 17% to $319.5 million. Net income in the quarter dropped 6% to $8.8 million or 36 cents a diluted share compared to $9.4 million or 39 cents.

Omnova Solutions Inc (OMN), the specialty chemicals provider reported net sales in the third-quarter ending in August declined 9% to $261.2 million. Net income in the quarter surged 41% to $9 million or 19 cents a diluted share compared to $6.4 million or 14 cents.

Park Electrochemical Corp. (PKE), the circuit material maker said net sales in the second-quarter ending on August 26 decreased 4% to $44.4 million. Net earnings in the quarter soared 166% to $8 million or 39 cents a diluted share compared to $3 million or 16 cents.
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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