Hormel Foods Corp reports results for the quarter ended July 31 - Earnings Summary

Hormel Foods

27/08/2026 14:31

Hormel Foods Corp HRL.N reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 35 cents.  The mean expectation of nine analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 34 cents to 37 cents per share.
Revenue fell 2.4% to $2.96 billion from a year ago; analysts expected $3.04 billion. 
Hormel Foods Corp's reported EPS for the quarter was 11 cents​.
The company reported quarterly net income of $59.57 million.
Hormel Foods Corp shares had fallen by 4.5% this quarter and held steady so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is  "buy."
Wall Street's median 12-month price target for Hormel Foods Corp is $27.00, about 12.2% above its last closing price of $23.71
This summary was machine generated from LSEG data August 27 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jul. 31 2026 
0.35
0.37
Beat
Apr. 30 2026 
0.36
0.40
Beat
Jan. 31 2026 
0.32
0.34
Beat
Oct. 31 2025 
0.30
0.32
Beat