Categories AlphaGraphs, Consumer, Earnings
Key highlights from Hormel Foods’ (HRL) Q1 2024 earnings results
Hormel Foods Corporation (NYSE: HRL) reported first quarter 2024 earnings results today.
Net sales were $3 billion, up 1% from the same period last year.
Net earnings attributable to Hormel Foods Corporation were $218.8 million, or $0.40 per share, compared to $217.7 million, or $0.40 per share, last year. Adjusted EPS was $0.41.
Revenue and earnings beat estimates, sending the stock rising over 4% in premarket hours on Thursday.
For the full year of 2024, net sales are expected to range between $12.2-12.5 billion. Adjusted EPS is expected to be $1.51-1.65.
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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was