Investing.com - Hormel Foods (NYSE: HRL) reported third quarter EPS of $0.40, worse than the analyst estimate of $0.41. Revenue for the quarter came in at $3B versus the consensus estimate of $3.06B.
Guidance
Hormel Foods sees Q4 2023 revenue of $3.10B-$3.60B versus the analyst consensus of $3.43B.
Hormel Foods sees FY 2023 EPS of $1.61-$1.67 versus the analyst consensus of $1.73.
Hormel Foods's stock price closed at $39.67. It is down -2.70% in the last 3 months and down -15.56% in the last 12 months.
Hormel Foods saw 2 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See Hormel Foods's stock price’s past reactions to earnings here.
According to InvestingPro, Hormel Foods's Financial Health score is "good performance".
Check out Hormel Foods's recent earnings performance, and Hormel Foods's financials here.
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