BRIEF-Hormel Foods Q1 EPS USD 0.31 Vs. IBES Estimate USD 0.38

Reuters
27 Feb
BRIEF-Hormel Foods Q1 EPS USD 0.31 Vs. IBES Estimate USD 0.38

Feb 27 (Reuters) - Hormel Foods Q1 sales USD 2,990 million vs. IBES estimate USD 2,936 million.

  • Q1 operating income USD 228 million vs. IBES estimate USD 275.4 million
  • Q1 adjusted EPS USD 0.35
  • Q1 operating margin 7.6%
  • Q1 pretax profit USD 218 million vs. IBES estimate USD 265.3 million
  • outlook FY sales USD 11,900-12,200 million
  • outlook FY adjusted EPS USD 1.58-1.72
  • outlook FY EPS USD 1.49-1.63

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