Benzinga | Nov 24, 2020 06:32AM EST

Hormel Foods Q4 EPS $0.43 Misses $0.44 Estimate, Sales $2.40B Miss $2.59B Estimate

Hormel Foods (NYSE:HRL) reported quarterly earnings of $0.43 per share which missed the analyst consensus estimate of $0.44 by 2.27 percent. This is a 8.51 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $2.40 billion which missed the analyst consensus estimate of $2.59 billion by 7.34 percent. This is a 4.08 percent decrease over sales of $2.50 billion the same period last year.