Recap: Hormel Foods Q2 Earnings

Recap: Hormel Foods Q2 Earnings

 

Hormel Foods HRL reported its Q2 earnings results on Thursday, June 2, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Hormel Foods beat estimated earnings by 2.13%, reporting an EPS of $0.48 versus an estimate of $0.47.

Revenue was up $490.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 1.9% increase in the share price the next day.

Here's a look at Hormel Foods's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.44 0.50 0.40 0.41
EPS Actual 0.44 0.51 0.39 0.42
Revenue Estimate 2.93B 3.22B 2.65B 2.42B
Revenue Actual 3.04B 3.46B 2.86B 2.61B

To track all earnings releases for Hormel Foods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews