Compared to Estimates, Hormel (HRL) Q3 Earnings: A Look at Key Metrics
HRLHormel Foods(HRL) ZACKS·2024-09-04 22:30

Hormel Foods (HRL) reported 2.9billioninrevenueforthequarterendedJuly2024,representingayear−over−yeardeclineof2.22.9 billion in revenue for the quarter ended July 2024, representing a year-over-year decline of 2.2%. EPS of 0.37 for the same period compares to 0.40ayearago.Thereportedrevenuerepresentsasurpriseof−1.940.40 a year ago.The reported revenue represents a surprise of -1.94% over the Zacks Consensus Estimate of 2.96 billion. With the consensus EPS estimate being $0.36, the EPS surprise was +2.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...