Compared to Estimates, Hormel (HRL) Q3 Earnings: A Look at Key Metrics

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Compared to Estimates, Hormel (HRL) Q3 Earnings: A Look at Key Metrics

Hormel Foods (HRL) reported $2.96 billion in revenue for the quarter ended July 2026, representing a year-over-year decline of 2.4%. EPS of $0.37 for the same period compares to $0.35 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.05 billion, representing a surprise of -2.81%. The company delivered an EPS surprise of +2.78%, with the consensus EPS estimate being $0.36.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Hormel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Retail: $1.78 billion compared to the $1.81 billion average estimate based on two analysts. The reported number represents a change of -4.3% year over year. Net Sales- International: $178.74 million versus the two-analyst average estimate of $200.65 million. The reported number represents a year-over-year change of -4.7%. Net Sales- Foodservice: $1 billion versus the two-analyst average estimate of $1 billion. The reported number represents a year-over-year change of +1.6%. Segment Profit- Foodservice: $144.48 million versus $146.49 million estimated by two analysts on average. Segment Profit- International: $-29.23 million compared to the $23.41 million average estimate based on two analysts. Segment Profit- Retail: $118.07 million versus $120.9 million estimated by two analysts on average.

View all Key Company Metrics for Hormel here>>>

Shares of Hormel have returned -8.1% over the past month versus the Zacks S&P 500 composite's +3.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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