Hormel Foods Corporation (NYSE:HRL) reported earnings of $0.34 per share missing Walls Streets expectations.

ME Staff
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Hormel Foods Corporation (NYSE:HRL) reported Q3 2017 earnings this Morning, coming in at $0.34 per share, missing Wall Street’s estimates of $0.37 per Share. Revenue for the quarter came in at $2.21 billion missing the streets estimates of $2.24 billion

Analyst Coverage For Hormel Foods Corporation (NYSE:HRL)
These are 3 Hold Ratings, 6 Buy Ratings .
The current consensus rating for Hormel Foods Corporation (NYSE:HRL) is Buy (Score: 2.67) with a consensus target price of $40.00 , a potential (17.92% upside)

Recent Insider Trading for Hormel Foods Corporation (NYSE:HRL)

  • On 7/6/2017 Thomas R Day, Insider, sold 11,139 with an average share price of $33.43 per share and the total transaction amounting to $372,376.77.
  • On 6/14/2017 Luis G Marconi, Insider, sold 1,300 with an average share price of $34.81 per share and the total transaction amounting to $45,253.00.
  • On 4/11/2017 Dakota A Pippins, Director, sold 3,000 with an average share price of $34.17 per share and the total transaction amounting to $102,510.00.
  • On 4/11/2017 Thomas R Day, Insider, sold 11,650 with an average share price of $34.25 per share and the total transaction amounting to $399,012.50.
  • On 4/10/2017 James M Splinter, Insider, sold 35,785 with an average share price of $34.37 per share and the total transaction amounting to $1,229,930.45.
  • On 4/5/2017 Elsa A Murano, Director, sold 7,500 with an average share price of $34.50 per share and the total transaction amounting to $258,750.00.



Dividend History for Hormel Foods Corporation (NYSE:HRL)

  • On 5/22/2017 announced a quarterly dividend of $0.17 1.93% with an ex dividend date of 7/13/2017 which will be payable on 7/17/2017.
  • On 3/31/2017 announced a quarterly dividend of $0.17 1.98% with an ex dividend date of 4/13/2017 which will be payable on 4/18/2017.
  • On 11/21/2016 announced a quarterly dividend of $0.17 1.9% with an ex dividend date of 1/12/2017 which will be payable on 1/17/2017.
  • On 9/26/2016 announced a quarterly dividend of $0.15 1.52% with an ex dividend date of 10/20/2016 which will be payable on 10/24/2016.
  • On 5/23/2016 announced a quarterly dividend of $0.15 1.67% with an ex dividend date of 7/14/2016 which will be payable on 7/18/2016.
  • On 3/29/2016 announced a quarterly dividend of $0.15 1.32% with an ex dividend date of 4/14/2016 which will be payable on 4/18/2016.
  • On 11/23/2015 announced a quarterly dividend of $0.29 1.63% with an ex dividend date of 1/14/2016 which will be payable on 1/19/2016.



Recent Trading for Hormel Foods Corporation (NYSE:HRL)
Shares of Hormel Foods Corporation closed the previous trading session at 31.18 down -2.74 -8.08% with 2,669,000 shares trading hands.