Hormel Foods (NYSE: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.
