Categories AlphaGraphs, Consumer, Earnings
HRL Earnings: Key quarterly highlights from Hormel’s Q2 2024 financial results
Hormel Foods Corporation (NYSE: HRL) reported its second quarter 2024 earnings results today.
Net sales decreased 3% year-over-year to $2.89 billion.
Net earnings attributable to Hormel Foods Corporation were $189.2 million, or $0.34 per share, compared to $217.2 million, or $0.40 per share, last year. Adjusted EPS was $0.38.
Earnings beat estimates while revenue fell short.
For fiscal year 2024, the company expects net sales of $12.2-12.5 billion and adjusted EPS of $1.55-1.65.
The stock gained over 1% in premarket hours on Thursday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
STZ Earnings: Key quarterly highlights from Constellation Brands’ Q1 2025 financial results
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2025 earnings results today. Reported net sales increased 6% year-over-year to $2.66 billion. Comparable sales growth was 6%. Net income attributable to
Can Boeing’s (BA) recovery plan help the company regain altitude?
The Boeing Company (NYSE: BA) is currently going through a crucial phase, working on a broad strategy to put things in order after multiple setbacks. The aircraft builder suffered a
What to look for when Delta Air Lines (DAL) reports Q2 2024 earnings results
Shares of Delta Air Lines (NYSE: DAL) stayed red on Tuesday. The stock has gained 15% year-to-date. The airline is scheduled to report its earnings results for the June quarter
