hormel foods

Altera (NASDAQ: ALTR) and Kroger (NYSE: KR) are the only S&P 500 components currently on the schedule to report earnings this holiday-shortened week. Analysts on average expect the semiconductor maker to post earnings that are a nickel per share lower than a year ago. But earnings of the...

The earnings season may be winding down, along with the summer, but this week will bring some more quarterly reports from retailers. Here's a quick rundown of what analysts expect to see from them. Bebe Stores (NASDAQ: BEBE): EPS up 50.0% to $0.04 (reports Thursday) Express (NYSE: EXPR): EPS up 46...

Jefferies is out with its report today on Hormel Foods (NYSE: HRL), raising its PT from $28 to $29. In a note to clients, Jefferies writes, "Updating our model following HRL's F2Q earnings release earlier this week. HRL acknowledged margin deceleration over the balance of FY11, and a closer look a...

This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...

Jefferies & Company has initiated Hormel Foods (NYSE: HRL) with a Hold rating and $56 price target.

Goldman Sachs is raising its EPS guidance on Hormel Foods (NYSE: HRL) following HRL reporting 4Q2010 EPS of $0.78, $0.12 above GS's estimate. In a note to clients, Goldman Sachs writes, "We are raising estimates to $3.20 for 2011, $3.45 for 2012, and $3.70 for 2013 (from $2.95, $3.21, and $3.45) to...

Deutsche Bank has issued an industry alert on Food companies, stating that a press conference will be held today at 1pm with EPA Assistant Administrator for Air and Radiation Gina McCarthy. In the report, Deutsche Bank writes "Recall that 2007 model year and newer vehicles make up only 18% of the...