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

$32.44
+0.11 (+0.34%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Sep. 4
Before Market Opens
Confirmed
Actual EPS
(May. 30)
$0.38 Beat By $0.02
Consensus EPS
(May. 30)
$0.36
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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 posted its earnings data on May 30th, 2024. The reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The firm earned $2.89 billion during the quarter, compared to analysts' expectations of $2.97 billion. Its revenue for the quarter was down 2.9% on a year-over-year basis. Hormel Foods has generated $1.40 earnings per share over the last year ($1.40 diluted earnings per share) and currently has a price-to-earnings ratio of 23.2. Earnings for Hormel Foods are expected to grow by 6.25% in the coming year, from $1.60 to $1.70 per share. Hormel Foods has confirmed that its next quarterly earnings report will be published on Wednesday, September 4th, 2024. Hormel Foods will be holding an earnings conference call on Wednesday, September 4th at 9:00 AM Eastern. Interested parties can register for or listen to the call..

Hormel Foods Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
9/4/2024
(Confirmed)
-------  
5/30/2024Q2 2024$0.36$0.38+$0.02$0.42$2.97 billion$2.89 billion          
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    
2/17/2021Q1 2021$0.40$0.41+$0.01$0.41$2.38 billion$2.46 billion    
11/23/2020Q4 2020$0.44$0.43($0.01)$0.43$2.60 billion$2.42 billion  
8/25/2020Q3 2020$0.34$0.37+$0.03$0.37$2.38 billion$2.38 billion  
5/21/2020Q2 2020$0.43$0.42($0.01)$0.42$2.40 billion$2.42 billion  
2/20/2020Q1 2020$0.46$0.45($0.01)$0.45$2.37 billion$2.38 billion  
11/26/2019Q4 2019$0.47$0.47-$0.47$2.51 billion$2.50 billion  
8/22/2019Q3 2019$0.35$0.37+$0.02$0.37$2.29 billion$2.29 billion

Hormel Foods Earnings - Frequently Asked Questions

When is Hormel Foods's earnings date?

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

What guidance has Hormel Foods issued on next quarter's earnings?

Hormel Foods issued an update on its FY24 earnings guidance on Thursday, May, 30th. The company provided earnings per share (EPS) guidance of $1.55-1.65 for the period, compared to the consensus earnings per share estimate of $1.58. The company issued revenue guidance of $12.2-12.5 billion, compared to the consensus revenue estimate of $12.25 billion.

Did Hormel Foods beat their earnings estimates last quarter?

In the previous quarter, Hormel Foods (NYSE:HRL) reported $0.38 earnings per share (EPS) to beat the analysts' consensus estimate of $0.36 by $0.02. 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 $12.05 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 $1.40 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 23.17 and a forward price-to-earnings ratio of 20.28. The price/earnings-to-growth ratio is 3.11.

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

Hormel Foods's earnings are expected to grow from $1.60 per share to $1.70 per share in the next year, which is a 6.25% increase.


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This page (NYSE:HRL) was last updated on 8/22/2024 by MarketBeat.com Staff

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