HORMEL FOODS REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2024 RESULTS

Go back to HORMEL FOODS REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2024 RESULTS

Hormel Foods (HRL) PT Raised to $37 at Citi

December 5, 2024 5:04 AM EST

Citi analyst Thomas Palmer raised the price target on Hormel Foods (NYSE: HRL) to $37.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "Following 4Q24 earnings and FY25 guidance that were largely inline with expectations (initial take), the HRL shares were up... More

Citi Reiterates Buy Rating on Hormel Foods (HRL)

December 4, 2024 7:29 AM EST

Citi analyst Thomas Palmer reiterated a Buy rating and $35.00 price target on Hormel Foods (NYSE: HRL)

The analyst comments "HRL reported 4Q24 EPS inline with the Visible Alpha consensus. Operating profit was slightly below consensus estimates, though this was driven by corporate... More

Hormel Foods (HRL) Misses Q4 EPS by 1c, Misses on Revenue; Offers FY25 Guidance

December 4, 2024 6:32 AM EST

(Updated - December 4, 2024 6:32 AM EST)

Hormel Foods (NYSE: HRL) reported Q4 EPS of $0.42, $0.01 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.15 billion.

GUIDANCE:

Hormel Foods sees FY2025... More