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Actionable news in CALM: Cal-Maine Foods, Inc.,

Pull The Trigger On Cal-Maine Foods Into Earnings

Low egg prices are overly baked into CALM's estimates.

The long term demand for eggs is inelastic.

CALM controls nearly one-fourth of the domestic egg market.

Cal-Maine Foods (NASDAQ:CALM) is slated to release 4Q16 earnings before the market opens on Monday, 7/18. The street is looking for revenue of $304.29M and EPS of $-.19. I find these estimates extremely low and beatable for the company.

CALM is the United States' largest egg producer and distributor...