Anticipated Highlights From the Upcoming Financial Report of Hormel Foods
Hormel Foods Corporation Expects Modest Earnings Growth in Q3 2025
Hormel Foods Corporation (HRL), the Minnesota-based food processing giant, is set to announce its fiscal third-quarter earnings for 2025 on Wednesday, Sep. 3. Analysts predict a profit of $0.41 per share on a diluted basis for the quarter, marking a modest increase over recent quarters.
In the previous quarter, HRL's adjusted EPS of $0.35 met Wall Street's expectations. The company's revenue for Q2 was $2.9 billion, also in line with forecasts. HRL expects full-year adjusted EPS in the range of $1.58 to $1.68, indicating a slight increase from fiscal 2024's $1.58.
However, HRL has faced challenges in the past year. The Trump administration tariffs on imported ingredients affected profits across HRL's verticals. Additionally, the avian flu outbreak, a slow rebound in China, and acquisition issues with Planters impacted sales volumes for the company. Despite these hurdles, HRL has managed to maintain its financial performance.
Hormel Foods Corporation develops, processes, and distributes a range of food products under various brand names such as HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BLACK LABEL, BURKE, CAFÉ H, CHI-CHI'S, and more.
Looking ahead, analysts have a reasonably bullish consensus opinion on HRL stock, with an overall "Moderate Buy" rating. Out of 10 analysts covering the stock, three advise a "Strong Buy" rating, and seven give a "Hold." The average analyst price target is $32.88, indicating a potential upside of 12.2% from the current levels.
Investors should note that over the past 52 weeks, HRL stock has underperformed the S&P 500 Index's 17.3% gains, with shares down 7%. However, HRL shares closed up more than 1% on May 29 after reporting Q2 results.
For the full year, the projected EPS is $1.60 for Hormel Foods Corporation, up 1.3% from fiscal 2024's $1.58. The EPS for the next fiscal year (2026) is expected to rise 10% year over year to $1.76 for HRL.
Despite facing challenges, HRL has demonstrated resilience in maintaining its financial performance. As the company prepares to announce its Q3 2025 earnings, investors will be watching closely to see how it has navigated the various obstacles it has encountered.
- Investors are interested in Hormel Foods Corporation's Q3 2025 earnings announcement, as the company's resilience in the face of challenges such as tariffs and avian flu is likely to impact its financial performance.
- Given the projected growth in EPS for both the current and next fiscal year, and the generally bullish consensus among analysts, many investors may see potential opportunities for investing in Hormel Foods Corporation in the business sector.
