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Hormel Foods Corporation

$39.24

Earnings Summary

Revenue
$2280.23Mn
Net Profits
$235.15Mn
Net Profit Margins
10.31%

Highlights

Revenue:

Hormel Foods Corporation’s revenue fell -0.54% since last year same period to $2280.23Mn in the Q1 2017. On a quarterly growth basis, Hormel Foods Corporation has generated -13.23% fall in its revenue since last 3-months.

Net Profits:

Hormel Foods Corporation’s net profit jumped 0.04% since last year same period to $235.15Mn in the Q1 2017. On a quarterly growth basis, Hormel Foods Corporation has generated -3.6% fall in its net profits since last 3-months.

Net Profit Margins:

Hormel Foods Corporation’s net profit margin jumped 0.58% since last year same period to 10.31% in the Q1 2017. On a quarterly growth basis, Hormel Foods Corporation has generated 11.09% jump 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)
0.06
Return on Equity (ROE)
0.13
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 0.06.

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 0.13.

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 %
2021-06-01
0.41
0.42
2.44%
2021-03-02
0.41
0.41
0%
2021-09-03
0.39
0.39
0%
2021-12-10
0.5
0.51
2%

Company Information

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the 'Global 2000 World's Best Employers' list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's 'The 100 Best Corporate Citizens' list for 12 years in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement - Inspired People. Inspired Food.™ - to bring some of the world's most trusted and iconic brands to tables across the globe.

Organisation
Hormel Foods Corporation
Headquarters
1 Hormel Place, Austin, MN, United States, 55912-3680
Employees
20000
Industry
Consumer Non-Durables
CEO
James Snee