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Stock impact report

Hormel Foods (HRL) To Report Earnings Tomorrow: Here Is What To Expect [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 missed analysts' revenue expectations by 2.2% last quarter, reporting revenues of $2.90 billion, down 2.2% year on year. It was a slower quarter for the company, with full-year revenue guidance missing analysts' expectations. 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 decline 1.8% year on year to $3.14 billion, in line with the 2.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.42 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. Looking at Hormel Foods's peers in the shelf-stable food segment, some have already reported their Q3 results, giving us a hint as to what we can expect. BellRing Brands delivered year-on-year revenue growth of 17.6%, beating analysts' expe Show less Read more
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