Hormel Foods (HRL) Gears Up for Q2 Earnings: Is a Beat Likely?
HRLHormel Foods(HRL) zacks.com·2024-05-29 22:35

Hormel Foods Corporation (HRL) is likely to register top-line growth when it reports second-quarter fiscal 2024 earnings on May 30. The Zacks Consensus Estimate for revenues is pegged at $2.99 billion, which suggests an increase of 0.3% from the prior-year quarter’s reported figure. However, the bottom line is likely to have declined year over year. The consensus mark for quarterly earnings has decreased by 1 cent in the past seven days to 35 cents per share. This indicates a decline of 12.5% from the year- ...