Hormel Foods (HRL) Lags Q4 Earnings and Revenue Estimates

Hormel Foods (HRL) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of$ 0.43 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.33%. A quarter ago, it was expected that this maker of Spam canned ham, Dinty Moore stew and other foods would post earnings of$ 0.36 per share when it actually produced earnings of $0.37, delivering a surprise of 2 ...