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HRL

Hormel Foods Corporation

$37.54

Earnings Summary

Revenue
$2963.3Mn
Net Profits
$162.68Mn
Net Profit Margins
5.49%

Highlights

Revenue:

Hormel Foods Corporation’s revenue fell -2.34% since last year same period to $2963.3Mn in the Q3 2023. On a quarterly growth basis, Hormel Foods Corporation has generated -0.48% fall in its revenue since last 3-months.

Net Profits:

Hormel Foods Corporation’s net profit fell -25.69% since last year same period to $162.68Mn in the Q3 2023. On a quarterly growth basis, Hormel Foods Corporation has generated -25.11% fall in its net profits since last 3-months.

Net Profit Margins:

Hormel Foods Corporation’s net profit margin fell -23.91% since last year same period to 5.49% in the Q3 2023. On a quarterly growth basis, Hormel Foods Corporation has generated -24.74% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Hormel Foods Corporation post its latest quarter earnings

EPS Estimate Current Quarter
0.45
EPS Estimate Current Year
0.45

Highlights

EPS Estimate Current Quarter:

Hormel Foods Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.45 - a -10% fall from last quarter’s estimates.

EPS Estimate Current Year:

Hormel Foods Corporation’s earning per share (EPS) estimates for the current year stand at 0.45.

Key Ratios

Key ratios of the Hormel Foods Corporation post its Q1 2023 earnings

Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.28

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hormel Foods Corporation’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hormel Foods Corporation’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Hormel Foods Corporation declared 0.28 dividend per share during the earnings announcement for Q1 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-12-06
0.5
0.51
2%
2022-06-02
0.47
0.48
2.13%
2022-09-01
0.41
0.4
-2.44%
2022-03-08
0.44
0.44
0%