Hormel Foods Achieves Record First Quarter Earnings and Raises Fiscal 2016 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- S&P 500, Dow rise on Mideast deal hopes, SpaceX's historic debut
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil nears two-month lows on reports of imminent US-Iran peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
CLSA Downgrades Hormel Foods (HRL) to Underperform
February 18, 2016 6:53 AM ESTCLSA downgraded Hormel Foods (NYSE: HRL) from Outperform to Underperform.
For an analyst ratings summary and ratings history on Hormel Foods click here. For more ratings news on Hormel Foods click here.
Shares of Hormel Foods closed at $44.47 yesterday.
... MoreJefferies Downgrades Hormel Foods (HRL) to Hold
February 17, 2016 6:43 AM ESTJefferies downgraded Hormel Foods (NYSE: HRL) from Buy to Hold with a price target of $43.00 (from $42.50).
Analyst Akshay Jagdale commented, "We believe HRLs management team is among the best in the industry as evidenced by consistent, top-tier earning growth & TSR for the past... More
Hormel Foods (HRL) Tops Q1 EPS by 6c
February 16, 2016 6:33 AM ESTHormel Foods (NYSE: HRL) reported Q1 EPS of $0.43, $0.06 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.4 billion.
GUIDANCE:
Hormel Foods sees FY2016 EPS of $1.50-$1.56, versus prior guidance of... More
