Hormel Foods Future Growth
Future criteria checks 3/6
Hormel Foods is forecast to grow earnings and revenue by 10.2% and 2.6% per annum respectively. EPS is expected to grow by 10.7% per annum. Return on equity is forecast to be 11% in 3 years.
Key information
10.2%
Earnings growth rate
10.7%
EPS growth rate
| Food earnings growth | 9.9% |
| Revenue growth rate | 2.6% |
| Future return on equity | 11.0% |
| Analyst coverage | Good |
| Last updated | 22 Oct 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 10/31/2027 | 13,167 | 1,146 | N/A | N/A | 1 |
| 10/31/2026 | 12,572 | 1,027 | 998 | 1,393 | 6 |
| 10/31/2025 | 12,268 | 935 | 874 | 1,262 | 9 |
| 10/31/2024 | 11,964 | 840 | 901 | 1,376 | 9 |
| 7/28/2024 | 11,981 | 781 | 903 | 1,177 | N/A |
| 4/28/2024 | 12,046 | 767 | 989 | 1,276 | N/A |
| 1/28/2024 | 12,136 | 795 | 968 | 1,248 | N/A |
| 10/29/2023 | 12,110 | 794 | 778 | 1,048 | N/A |
| 7/30/2023 | 12,195 | 878 | 842 | 1,101 | N/A |
| 4/30/2023 | 12,267 | 934 | 728 | 970 | N/A |
| 1/29/2023 | 12,385 | 978 | 689 | 955 | N/A |
| 10/30/2022 | 12,459 | 1,000 | 856 | 1,135 | N/A |
| 7/31/2022 | 12,630 | 1,002 | 1,045 | 1,327 | N/A |
| 5/1/2022 | 12,459 | 960 | 943 | 1,218 | N/A |
| 1/30/2022 | 11,969 | 926 | 938 | 1,180 | N/A |
| 10/31/2021 | 11,386 | 909 | 770 | 1,002 | N/A |
| 7/25/2021 | 10,352 | 861 | 408 | 688 | N/A |
| 4/25/2021 | 9,869 | 888 | 627 | 941 | N/A |
| 1/24/2021 | 9,685 | 887 | 796 | 1,145 | N/A |
| 10/25/2020 | 9,608 | 908 | 761 | 1,128 | N/A |
| 7/26/2020 | 9,690 | 929 | 862 | 1,228 | N/A |
| 4/26/2020 | 9,599 | 926 | 761 | 1,106 | N/A |
| 1/26/2020 | 9,521 | 980 | 611 | 924 | N/A |
| 10/27/2019 | 9,497 | 979 | 629 | 923 | N/A |
| 7/28/2019 | 9,521 | 985 | 772 | 1,071 | N/A |
| 4/28/2019 | 9,589 | 996 | 828 | 1,164 | N/A |
| 1/27/2019 | 9,575 | 950 | 750 | 1,125 | N/A |
| 10/28/2018 | 9,546 | 1,012 | 852 | 1,242 | N/A |
| 7/29/2018 | 9,514 | 969 | 899 | 1,246 | N/A |
| 4/29/2018 | 9,362 | 941 | N/A | 1,197 | N/A |
| 1/28/2018 | 9,219 | 915 | N/A | 1,143 | N/A |
| 10/29/2017 | 9,168 | 847 | N/A | 1,034 | N/A |
| 7/30/2017 | 9,303 | 873 | N/A | 903 | N/A |
| 4/30/2017 | 9,398 | 886 | N/A | 864 | N/A |
| 1/29/2017 | 9,511 | 890 | N/A | 909 | N/A |
| 10/30/2016 | 9,523 | 890 | N/A | 1,040 | N/A |
| 7/24/2016 | 9,296 | 833 | N/A | 923 | N/A |
| 4/24/2016 | 9,182 | 785 | N/A | 955 | N/A |
| 1/24/2016 | 9,161 | 749 | N/A | 1,024 | N/A |
| 10/25/2015 | 9,264 | 686 | N/A | 992 | N/A |
| 7/26/2015 | 9,407 | 670 | N/A | 1,043 | N/A |
| 4/26/2015 | 9,503 | 661 | N/A | 918 | N/A |
| 1/25/2015 | 9,469 | 621 | N/A | 679 | N/A |
| 10/26/2014 | 9,316 | 603 | N/A | 747 | N/A |
| 7/27/2014 | 9,096 | 589 | N/A | 603 | N/A |
| 4/27/2014 | 8,970 | 564 | N/A | 655 | N/A |
| 1/26/2014 | 8,878 | 550 | N/A | 810 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRL's forecast earnings growth (10.2% per year) is above the savings rate (1.4%).
Earnings vs Market: HRL's earnings (10.2% per year) are forecast to grow faster than the Austrian market (9.1% per year).
High Growth Earnings: HRL's earnings are forecast to grow, but not significantly.
Revenue vs Market: HRL's revenue (2.6% per year) is forecast to grow faster than the Austrian market (0.7% per year).
High Growth Revenue: HRL's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HRL's Return on Equity is forecast to be low in 3 years time (11%).