Hormel Foods (HRL) Lags Q4 Earnings and Revenue Estimates
Portfolio Pulse from
Hormel Foods (HRL) reported Q4 earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.43 per share. This is the same as their earnings per share from a year ago.
December 04, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hormel Foods reported Q4 earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.43. This is the same as last year's earnings per share.
Hormel Foods' earnings per share for Q4 were below analyst expectations, which is typically viewed negatively by investors. The fact that earnings were flat compared to the previous year may also contribute to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100