Hormel Foods (HRL) Tops Q2 EPS by 2c; raises profit outlook
Hormel Foods (NYSE: HRL) reported Q2 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.97 billion.
GUIDANCE:
Hormel Foods sees FY2024 EPS of $1.55-$1.65, versus the consensus of $1.58. Hormel Foods sees FY2024 revenue of $12.2-12.5 billion, versus the consensus of $12.27 billion.
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