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Stock impact report

Hormel Foods Earnings: What To Look For From HRL [Yahoo! Finance]

Hormel Foods Corporation (HRL) 
Last hormel foods corporation earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hormelfoods.com
Company Research Source: Yahoo! Finance
Hormel Foods beat analysts' revenue expectations by 1.3% last quarter, reporting revenues of $2.99 billion, flat year on year. It was a slower quarter for the company, with a significant miss of analysts' EBITDA estimates and a significant miss of analysts' gross margin estimates. Is Hormel Foods a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Hormel Foods's revenue to be flat year on year at $2.91 billion, improving from the 3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.34 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hormel Foods has missed Wall Street's revenue estimates five times over the last two years. Looking at Hormel Foods's peers in the shelf-stable food segment, some have already reported their Q1 results, Show less Read more
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