Hormel Foods Announces Record First Quarter Results

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Go back to Hormel Foods Announces Record First Quarter Results

Hormel Foods (HRL) Misses Q1 EPS by 1c

February 23, 2017 6:32 AM EST

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 $2.3 billion versus the consensus estimate of $2.28 billion.

First Quarter

Record diluted earnings per share of $0.44, up 2 percent from 2016 EPS of $0.43Net earnings of $235 million, flat compared to 2016 net earnings of $235 millionSales of $2.3 billion, down 1 percent; Non-GAAP1 adjusted sales2 increased 3... More