HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2023 RESULTS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Hormel Foods (HRL) Misses Q1 EPS by 6c
March 2, 2023 6:31 AM ESTHormel Foods (NYSE: HRL) reported Q1 EPS of $0.40, $0.06 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.09 billion.
GUIDANCE:
Hormel Foods sees FY2023 EPS of $1.70-$1.82, versus the consensus of... More

