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

Hormel Foods logo
$30.22 +0.49 (+1.65%)
(As of 11/20/2024 ET)

Hormel Foods Latest Earnings Summary

Upcoming Q4
Earnings Date
Dec. 4Before Market OpensConfirmed
Actual EPS
(Sep. 4)
$0.37 Beat By $0.01
Consensus EPS
(Sep. 4)
$0.36

Hormel Foods announced Q3 2024 earnings on September 4, 2024, reporting an EPS of $0.37, which beat the consensus estimate of $0.36 by $0.01. Quarterly revenue fell 2.2% year-over-year to $2.90 billion, below analysts' expectations of $2.95 billion. With a trailing EPS of $1.42 and a P/E Ratio of 21.28, Hormel Foods' earnings are expected to grow 6.33% next year, from $1.58 to $1.68 per share.

HRL Upcoming Earnings

Hormel Foods' next earnings date is scheduled for Wednesday, December 4, 2024, with a conference call scheduled for at 9:00 AM ET. Interested parties can register for or listen to the call.

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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

Hormel Foods Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
12/4/2024
(Confirmed)
-------  
9/4/2024Q3 2024$0.36$0.37+$0.01$0.42$2.95B$2.90B          
5/30/2024Q2 2024$0.36$0.38+$0.02$0.42$2.97B$2.89B          
2/29/2024Q1 2024$0.34$0.41+$0.07$0.42$2.91B$3.00B          
11/29/2023Q4 2023$0.44$0.42 -$0.02$0.48$3.26B$3.20B          
8/31/2023Q3 2023$0.41$0.40 -$0.01$0.50$3.04B$2.96B        
6/1/2023Q2 2023$0.39$0.40+$0.01$0.40$3.06B$2.98B          
3/2/2023Q1 2023$0.45$0.40 -$0.05$0.40$3.08B$2.97B          
11/30/2022Q4 2022$0.50$0.51+$0.01$0.51$3.33B$3.28B          

Hormel Foods Earnings - Frequently Asked Questions

Hormel Foods has confirmed that its next quarterly earnings data will be published on Wednesday, December 4th, 2024. Learn more on HRL's earnings history.

Hormel Foods issued an update on its FY24 earnings guidance on Wednesday, September, 4th. The company provided EPS guidance of $1.57-1.63 for the period, compared to the consensus earnings per share estimate of $1.60. The company issued revenue guidance of $11.8-12.1 billion, compared to the consensus revenue estimate of $12.14 billion.

In the previous quarter, Hormel Foods (NYSE:HRL) reported $0.37 earnings per share (EPS) to beat the analysts' consensus estimate of $0.36 by $0.01. Learn more on analysts' earnings estimate vs. HRL's actual earnings.

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

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

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

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

Hormel Foods (NYSE:HRL) has a recorded net income of $793.57 million. HRL has generated $1.42 earnings per share over the last four quarters.

Hormel Foods (NYSE:HRL) has a trailing price-to-earnings ratio of 21.28 and a forward price-to-earnings ratio of 19.13. The price/earnings-to-growth ratio is 3.1.

Hormel Foods's earnings are expected to grow from $1.58 per share to $1.68 per share in the next year, which is a 6.33% increase.

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This page (NYSE:HRL) was last updated on 11/21/2024 by MarketBeat.com Staff
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