Hormel Foods (HRL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Zacks Consensus Estimate This maker of Spam canned ham, Dinty Moore stew and other foods is expected to post quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of -12.5%. Revenues are expected to be $2.99 billion, up 0.3% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their ...