Hormel Foods Earns Consensus Hold as Q3 EPS Beats and FY2026 Outlook Raised
Hormel Foods was given a consensus Hold by nine broker firms, with an average 12-month price target of $26.57. The company reported Q3 EPS of $0.37, topping estimates, and raised its fiscal 2026 adjusted EPS outlook to $1.45–$1.51. However, Q3 revenue missed forecasts at $2.96 billion, with weaker retail and international sales.