Hormel Foods (HRL) Q3 Earnings Miss Estimates

Hormel Foods (HRL) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.63%. A quarter ago, it was expected that this maker of Spam canned ham, Dinty Moore stew and other foods would post earnings of $0.35 per share when it actually produced earnings of $0.35, delivering no surprise.Ov ...