Stock Track | Hormel Soars 5.11% in Pre-Market as Annual Profit Forecast Exceeds Estimates

Stock Track

2025/12/04

Hormel Foods Corp. (NYSE: HRL) saw its shares surge 5.11% in pre-market trading following the release of its fiscal 2026 profit forecast, which surpassed analyst expectations. The company's upbeat guidance and strong quarterly earnings have fueled investor optimism.

The rally was driven by Hormel's announcement of an adjusted diluted EPS range of $1.43 to $1.51 for fiscal 2026, exceeding the FactSet estimate of $1.45. Additionally, the company reported Q4 adjusted EPS of $0.32, beating the consensus estimate of $0.30. Net sales guidance for 2026 was also revised upward to $12.2-$12.5 billion, aligning with market expectations.

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(NYSE: HRL) saw its shares surge 5.11% in pre-market trading following the release of its fiscal 2026 profit forecast, which surpassed analyst expectations. The company's upbeat guidance and strong quarterly earnings have fueled investor optimism.</p><p>The rally was driven by Hormel's announcement of an adjusted diluted EPS range of $1.43 to $1.51 for fiscal 2026, exceeding the FactSet estimate of $1.45. Additionally, the company reported Q4 adjusted EPS of $0.32, beating the consensus estimate of $0.30. 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