Hormel Foods (NYSE: HRL) reported Q1 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.9 billion.

GUIDANCE:

Hormel Foods sees FY2022 EPS of $1.87-$2.03, versus the consensus of $2.11. Hormel Foods sees FY2022 revenue of $11.7-12.5 billion, versus the consensus of $12.5 billion.

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