Hormel Foods to Report Q3 Earnings: Analysts Expect 10.8% YoY Profit Growth

Hormel Foods is set to announce its Q3 earnings on September 3. Analysts expect a profit of $0.41 per share, up 10.8% YoY. For FY25, EPS is expected to reach $1.60, up 1.3% from FY24. The stock has underperformed the S&P 500 and Consumer Staples Select Sector SPDR Fund over the past year. HRL has faced challenges from rising costs, the avian flu outbreak, and acquisition issues. Analysts have a "Moderate Buy" rating, with an average price target of $32.88, indicating a potential upside of 12.2%.

Hormel Foods Corporation (HRL) is poised to announce its fiscal third-quarter earnings for 2025 on Wednesday, September 3. Analysts are expecting the company to report a profit of $0.41 per share on a diluted basis, representing a 10.8% year-over-year increase from the $0.37 per share reported in the same period last year [1].

For the full year, analysts predict that Hormel Foods will report earnings per share (EPS) of $1.60, up 1.3% from the $1.58 reported in fiscal 2024. This EPS is expected to rise 10% year over year to $1.76 by fiscal 2026 [1].

Hormel Foods has faced several challenges in recent quarters, including rising costs, the avian flu outbreak, a slow rebound in China, and acquisition issues with Planters. These factors have impacted sales volumes, particularly in the retail and foodservice sectors. Additionally, the Trump administration's tariffs on imported ingredients have affected profits across the company's verticals [1].

Despite these challenges, HRL stock has underperformed the S&P 500 Index and the Consumer Staples Select Sector SPDR Fund over the past year. The stock has fallen 7% over the past 52 weeks, while the S&P 500 Index has gained 17.3% and the Consumer Staples Select Sector SPDR Fund has gained 4.6% [1].

Analysts' consensus opinion on HRL stock is reasonably bullish, with an overall "Moderate Buy" rating. Out of the 10 analysts covering the stock, three advise a "Strong Buy" rating, and seven give a "Hold" recommendation. The average analyst price target is $32.88, indicating a potential upside of 12.2% from the current levels [1][2].

The company's latest quarterly earnings, reported on May 29, saw an adjusted EPS of $0.35, which met Wall Street's expectations. Revenue for the quarter was $2.9 billion, also meeting forecasts. Analysts expect the full-year adjusted EPS to be in the range of $1.58 to $1.68 [1].

Hormel Foods has a market capitalization of $16.25 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 3.35, and a beta of 0.33. The stock's fifty-day and 200-day simple moving averages are $30.30 and $29.94, respectively. The stock has a 52-week low of $27.59 and a 52-week high of $33.80 [2].

References:
[1] https://www.barchart.com/story/news/33641416/here-s-what-to-expect-from-hormel-foods-next-earnings-report
[2] https://www.marketbeat.com/instant-alerts/hormel-foods-corporation-nysehrl-receives-average-rating-of-moderate-buy-from-analysts-2025-07-24/