Cal-Maine Foods Inc. (CALM) is scheduled to report quarterly financial results this morning before the market opens. Cal-Main is the largest producer of shell eggs in the US. A market cap of 1.08B, the stock has seen a steady yearly growth of 50%, $0.04 below the 52 week high of $44.98. The stock was up $0.36 on Friday.
The ISM Manufacturing Index will be released today at 10 am EST. The survey measures manufacturing employment, production, new orders, supplier deliveries, and inventories. Any result above 43 shows growth in the US economy, but a shrinking manufacturing sector. Any number above 50 shows a growing manufacturing sector. Analysts are projecting a tenth of a point in growth to 49.7.