Hormel Foods Announces Record First Quarter Results And Increases Guidance Due To Tax Reform

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Hormel Foods (HRL) Tops Q1 EPS by 13c, Updates FY EPS Guidance

February 22, 2018 6:33 AM EST

Hormel Foods (NYSE: HRL) reported Q1 EPS of $0.56, $0.13 better than the analyst estimate of $0.43. Revenue for the quarter came in at $2.33 billion versus the consensus estimate of $2.41 billion.

GUIDANCE:

Hormel Foods sees FY2018 EPS of $1.81-$1.95, versus the consensus of... More