Benzinga | Sep 2, 2021 06:31AM EDT

Hormel Foods Q3 Adj. EPS $0.39 Misses $0.40 Estimate, Sales $2.86B Beat $2.65B Estimate

Hormel Foods (NYSE:HRL) reported quarterly earnings of $0.39 per share which missed the analyst consensus estimate of $0.40 by 2.5 percent. This is a 5.41 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $2.86 billion which beat the analyst consensus estimate of $2.65 billion by 8.08 percent. This is a 20.29 percent increase over sales of $2.38 billion the same period last year.