Hormel Foods (HRL) Earnings Date, Estimates & Call Transcripts

$35.27
-0.33 (-0.93%)
(As of 04/25/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jun. 6Estimated
Actual EPS
(Feb. 29)
$0.41 Beat By $0.07
Consensus EPS
(Feb. 29)
$0.34
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HRL Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

HRL Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Hormel Foods Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$0.34$0.53$0.43 
Q2 20242$0.38$0.49$0.44 
Q3 20242$0.39$0.44$0.42 
Q4 20242$0.46$0.58$0.52 
FY 20249$1.57$2.04$1.80 
Q1 20251$0.39$0.39$0.39 
Q2 20251$0.41$0.41$0.41 
Q3 20251$0.41$0.41$0.41 
Q4 20251$0.45$0.45$0.45 
FY 20254$1.66$1.66 $1.66

HRL Earnings Date and Information

Hormel Foods last released its quarterly earnings results on February 29th, 2024. The reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. The company earned $3 billion during the quarter, compared to the consensus estimate of $2.91 billion. Its quarterly revenue was up .9% on a year-over-year basis. Hormel Foods has generated $1.46 earnings per share over the last year ($1.46 diluted earnings per share) and currently has a price-to-earnings ratio of 24.2. Earnings for Hormel Foods are expected to grow by 6.29% in the coming year, from $1.59 to $1.69 per share. Hormel Foods has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 6th, 2024 based off prior year's report dates.

Hormel Foods Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/6/2024
Estimated)
------- 
2/29/2024Q1 2024$0.34$0.41+$0.07$0.42$2.91 billion$3.00 billion      
11/29/2023Q4 2023$0.44$0.42($0.02)$0.48$3.26 billion$3.20 billion      
8/31/2023Q3 2023$0.41$0.40($0.01)$0.50$3.04 billion$2.96 billion    
6/1/2023Q2 2023$0.39$0.40+$0.01$0.40$3.06 billion$2.98 billion      
3/2/2023Q1 2023$0.45$0.40($0.05)$0.40$3.08 billion$2.97 billion      
11/30/2022Q4 2022$0.50$0.51+$0.01$0.51$3.33 billion$3.28 billion      
9/1/2022Q3 2022$0.41$0.40($0.01)$0.40$3.00 billion$3.03 billion      
6/2/2022Q2 2022$0.46$0.48+$0.02$0.48$3.07 billion$3.10 billion      
3/1/2022Q1 2022$0.43$0.44+$0.01$0.44$2.92 billion$3.04 billion    
12/9/2021Q4 2021$0.50$0.51+$0.01$0.51$3.22 billion$3.45 billion    
9/1/2021Q3 2021$0.39$0.39-$0.46$2.73 billion$2.86 billion      
5/19/2021Q2 2021$0.41$0.42+$0.01$0.42$2.41 billion$2.61 billion  

Hormel Foods Earnings - Frequently Asked Questions

When is Hormel Foods's earnings date?

Hormel Foods has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 6th, 2024 based off last year's report dates. Learn more on HRL's earnings history.

Did Hormel Foods beat their earnings estimates last quarter?

In the previous quarter, Hormel Foods (NYSE:HRL) reported $0.41 earnings per share (EPS) to beat the analysts' consensus estimate of $0.34 by $0.07. Learn more on analysts' earnings estimate vs. HRL's actual earnings.

How can I listen to Hormel Foods's earnings conference call?

The conference call for Hormel Foods's latest earnings report can be listened to online. Listen to Conference Call

How can I read Hormel Foods's conference call transcript?

The conference call transcript for Hormel Foods's latest earnings report can be read online. Read Transcript

How can I view Hormel Foods's earnings report?

Hormel Foods's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Hormel Foods generate each year?

Hormel Foods (NYSE:HRL) has a recorded annual revenue of $12.11 billion.

How much profit does Hormel Foods generate each year?

Hormel Foods (NYSE:HRL) has a recorded net income of $793.57 million. HRL has generated $1.46 earnings per share over the last four quarters.

What is Hormel Foods's price-to-earnings ratio?

Hormel Foods (NYSE:HRL) has a trailing price-to-earnings ratio of 24.16 and a forward price-to-earnings ratio of 22.18. The price/earnings-to-growth ratio is 3.43.

What is Hormel Foods's EPS forecast for next year?

Hormel Foods's earnings are expected to grow from $1.59 per share to $1.69 per share in the next year, which is a 6.29% increase.


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This page (NYSE:HRL) was last updated on 4/26/2024 by MarketBeat.com Staff

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