Hormel Foods Reports Third Quarter Earnings and Raises Full Year Earnings Guidance
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Deutsche Bank Upgrades Hormel Foods (HRL) to Buy
August 20, 2015 6:42 AM EDTDeutsche Bank upgraded Hormel Foods (NYSE: HRL) from Hold to Buy with a price target of $66.00 (from $59.00).
Analyst Mario Contreras said, "While we have been concerned around avian flu and potentially moderating pork margins, we are incrementally positive around MuscleMilk cost... More
Hormel Foods (HRL) Tops Q3 EPS by 1c; Boosts FY15 EPS Outlook
August 19, 2015 7:31 AM EDTHormel Foods (NYSE: HRL) reported Q3 EPS of $0.56, $0.01 better than the analyst estimate of $0.55. Revenue for the quarter came in at $22.19 billion versus the consensus estimate of $2.28 billion.
Hormel Foods sees FY2015 EPS of $2.57-$2.63, versus prior guidance of $2.50-$2.60 and the consensus of... More
