Hormel Foods-Compared to Estimates, Hormel (HRL) Q2 Earnings: A Look at Key Metrics

For the quarter ended April 2024, Hormel Foods (HRL) reported revenue of $2.89 billion, down 3% over the same period last year. EPS came in at$ 0.38, compared to $0.40 in the year-ago quarter. The reported revenue represents a surprise of -3.35% over the Zacks Consensus Estimate of$ 2.99 billion. With the consensus EPS estimate being $0.35, the EPS surprise was +8.57%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...