Compared to Estimates, Hormel (HRL) Q3 Earnings: A Look at Key Metrics

Hormel Foods (HRL) reported $2.9 billion in revenue for the quarter ended July 2024, representing a year-overyear decline of 2.2%. EPS of $0.37 for the same period compares to $0.40 a year ago. The reported revenue represents a surprise of -1.94% over the Zacks Consensus Estimate of $2.96 billion. With the consensus EPS estimate being $0.36, the EPS surprise was +2.78%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...