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MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
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US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

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

$31.32
+0.73 (+2.39%)
(As of 12/1/2023 ET)
Compare
Today's Range
$30.55
▼
$31.34
50-Day Range
$30.47
▼
$38.93
52-Week Range
$30.12
▼
$48.10
Volume
2.97 million shs
Average Volume
3.66 million shs
Market Capitalization
$17.12 billion
P/E Ratio
21.45
Dividend Yield
3.51%
Price Target
$39.63
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Earnings Summary

Upcoming
Earnings Date
Mar. 7Estimated
Actual EPS
(Nov. 29)
$0.42 Missed By -$0.02
Consensus EPS
(Nov. 29)
$0.44
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

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 20233$0.45$0.50$0.47 
Q2 20234$0.37$0.52$0.42 
Q3 20234$0.39$0.56$0.44 
Q4 20234$0.40$0.58$0.49 
FY 202315$1.61$2.16$1.81 
Q1 20243$0.42$0.53$0.46 
Q2 20242$0.43$0.49$0.46 
Q3 20242$0.43$0.44$0.44 
Q4 20242$0.46$0.58$0.52 
FY 20249$1.74$2.04$1.88 
Q1 20251$0.44$0.44$0.44 
Q2 20251$0.45$0.45$0.45 
Q3 20251$0.44$0.44$0.44 

HRL Earnings Date and Information

Hormel Foods last released its quarterly earnings data on November 29th, 2023. The reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by $0.02. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.26 billion. Its revenue for the quarter was down 2.6% compared to the same quarter last year. 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 21.5. Earnings for Hormel Foods are expected to grow by 11.46% in the coming year, from $1.57 to $1.75 per share. Hormel Foods has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, March 7th, 2024 based off prior year's report dates.

Hormel Foods Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
3/7/2024
Estimated)		------- 
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  
2/17/2021Q1 2021$0.40$0.41+$0.01$0.41$2.38 billion$2.46 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, March 7th, 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) missed the analysts' consensus estimate of $0.44 by $0.02 with a reported earnings per share (EPS) of $0.42. 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 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 $999.99 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 21.45 and a forward price-to-earnings ratio of 19.95. The price/earnings-to-growth ratio is 3.8.

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

Hormel Foods's earnings are expected to grow from $1.57 per share to $1.75 per share in the next year, which is a 11.46% increase.


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This page (NYSE:HRL) was last updated on 12/2/2023 by MarketBeat.com Staff

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