Hormel Foods Achieves Record First Quarter Earnings and Raises Fiscal 2016 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Tesla acquires AI hardware company for up to $2 billion in stock
- Bel Fuse acquires dataMate ethernet business for $16 million
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
CLSA Downgrades Hormel Foods (HRL) to Underperform
February 18, 2016 6:53 AM ESTCLSA downgraded Hormel Foods (NYSE: HRL) from Outperform to Underperform.
For an analyst ratings summary and ratings history on Hormel Foods click here. For more ratings news on Hormel Foods click here.
Shares of Hormel Foods closed at $44.47 yesterday.
... MoreJefferies Downgrades Hormel Foods (HRL) to Hold
February 17, 2016 6:43 AM ESTJefferies downgraded Hormel Foods (NYSE: HRL) from Buy to Hold with a price target of $43.00 (from $42.50).
Analyst Akshay Jagdale commented, "We believe HRLs management team is among the best in the industry as evidenced by consistent, top-tier earning growth & TSR for the past... More
Hormel Foods (HRL) Tops Q1 EPS by 6c
February 16, 2016 6:33 AM ESTHormel Foods (NYSE: HRL) reported Q1 EPS of $0.43, $0.06 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.4 billion.
GUIDANCE:
Hormel Foods sees FY2016 EPS of $1.50-$1.56, versus prior guidance of... More
