Hormel Foods (HRL) Misses Q3 EPS by 1c; Raises FY Revenue Guidance, Lowers EPS

Hormel Foods (NYSE: HRL) reported Q3 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.99 billion.

GUIDANCE:

Hormel Foods sees FY2022 EPS of $1.78-$1.85, versus the prior of $1.87-$1.97 and the consensus of $1.88. Hormel Foods sees FY2022 revenue of $12.2-12.8 billion, versus the prior of $11.7-12.5 billion and consensus of $12.45 billion.

For earnings history and earnings-related data on Hormel Foods (HRL) click here.

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