Hormel Foods released a quarterly profit of $ 0.35 per share, in accordance with the estimate of the Zacks consensus. This is compared to a profit of $ 0.38 per share a year ago. These figures are adjusted for non -recurring items.
There is a quarter, it was planned that this manufacturer of ham preserves spam, moore Dinty stew and other foods would show a profit of $ 0.37 per share when it really produced a profit of $ 0.35, which allows a surprise of -5.41%.
During the last four quarters, the company has exceeded estimates of consensus consensus once.
HORMEL, which belongs to the ZACKS food products industry – meat products, has recorded income of 2.9 billion dollars for the closed quarter April 2025, missing the ZACKS consensus of 0.20%. This is compared to the income of $ 2.89 billion of the year there is. The company has exceeded the estimates of consensual income only in the last four quarters.
The sustainability of the Immediate price movement of the action based on recently published figures and expectations of future profits will mainly depend on the commentary on management on the call for profits.
Hormel shares have lost around 4.2% since the start of the year compared to the gain in the S&P 500 of 0.1%.
What is the next step for Hormel?
While Hormel has underperformed the market so far this year, the question that comes to the minds of investors is: what is the next step for the stock?
There are no easy answers to this key question, but a reliable measure that can help investors solve this problem is the prospects for the benefit of the company. Not only does this include current expectations of consensual profits for the coming quarters, but also how these expectations have changed lately.
Empirical research shows a strong correlation between the movements of short -term actions and the trends in the revisions to estimate profits. Investors can follow these revisions by themselves or rely on a proven rating tool such as Rang Zacks, which has an impressive history of exploiting the power of profits revisions.
Before this version of the profits, the trend in estimation revisions for Hormel: mixed. Although the extent and management of estimation revisions can change by following the report on the profits that have just been published on the company, the current status is reflected in a Rank # 3 of Zacks (Conservation) for the action. Thus, actions should behave in accordance with the market in the near future. You can see the full list of Row Zacks # 1 actions (strong purchase) today.
It will be interesting to see how estimates from the next quarters and the current year are changing in the coming days. The current BPA Consensus estimate is $ $ $ $ $ 2.99 billion in the coming quarter and $ 1.61 out of $ 12.13 billion in income for the current financial year.
Investors should be aware of the fact that industry prospects can also have a significant impact on action performance. Regarding the rank of the Zacks industry, food products – meat are currently in 37% of the 250 more Zacks Industries. Our research shows that the highest 50% of Zacks classified industries surpass the lowest 50% by a factor of more than 2 to 1.
HR, another stock in the wider consumption staples sector of Zacks, has not yet reported the results for the closed quarter April 2025.
This company of furniture and household items should display a quarterly loss of $ 0.09 per share in its next report, which represents a variation from one year to the next of + 77.5%. The estimate of BPA consensus for the quarter was revised by 0.9% in the last 30 days at the current level.
HR income should be $ 818.86 million, up 12.6% compared to the quarter of the previous year.
Should you invest in Hormel Foods Corporation (HRL)?
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