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Hormel Foods Q3 2024 Adj EPS $0.37 Beats $0.36 Estimate, Sales $2.898B Miss $2.95B Estimate

Author: Benzinga Newsdesk | September 04, 2024 06:05am

Hormel Foods (NYSE:HRL) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.36 by 2.78 percent. This is a 7.5 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $2.898 billion which missed the analyst consensus estimate of $2.95 billion by 1.82 percent. This is a 2.19 percent decrease over sales of $2.96 billion the same period last year.

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