<div id="readability-page-1"><div><figure></figure>Packaged foods company Hormel will be announcing earnings results this Thursday before market hours. Here’s what investors should know. Hormel Foods missed analysts’ revenue expectations last quarter, reporting revenues of $3.19 billion, up 1.5% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EBITDA estimates but a miss of analysts’ revenue estimates. Is Hormel Foods a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.This quarter, the market is expecting Hormel Foods’s revenue to grow 2.8% year on year, improving from its flat revenue in the same quarter last year. <figure></figure>Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hormel Foods has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Hormel Foods’s peers in the shelf-stable food segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Hershey delivered year-on-year revenue growth of 7%, beating analysts’ expectations by 3.8%, and BellRing Brands reported flat revenue, topping estimates by 6.7%. Hershey traded up 12.5% following the results while BellRing Brands was down 13.4%. Read our full analysis of Hershey’s results here and BellRing Brands’s results here.There has been positive sentiment among investors in the shelf-stable food segment, with share prices up 3.7% on average over the last month. Hormel Foods is up 3.4% during the same time and is heading into earnings with an average analyst price target of $27.25 (compared to the current share price of $25.80).</div></div>

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Hormel Foods (HRL) will announce its Q4 earnings this Thursday. Last quarter, it reported revenues of $3.19 billion, missing analysts' expectations. This quarter, revenue is expected to grow by 2.8% year-on-year. Analysts have maintained their estimates, indicating stability. Hormel's peers, Hershey and BellRing Brands, have reported mixed results, influencing market sentiment positively. Hormel's stock has risen 3.4% recently, with an average analyst price target of $27.25, compared to its current price of $25.80.

Hormel Foods (HRL) Q4 Earnings: What To Expect