Post-earnings recap
Reported
Thu, Aug 27, 2026
EPS actual
$0.37
EPS est.
$0.36
EPS surprise
+3.93%
1-day move
-10.25%
Hormel Foods Corporation reported an EPS of $0.37, which was a positive surprise compared to expectations. However, the stock fell by 10.25% in reaction to the earnings report. The lack of revenue data and guidance may have contributed to investor uncertainty, leading to the significant drop in stock price.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.37 | N/A | +3.93% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based on numerical results only.
Hormel Foods Corporation (HRL) is a major player in the consumer staples sector, specializing in packaged foods and meats. The company is known for its diverse product offerings, which include well-known brands like Spam and Skippy. As consumer preferences shift towards convenience and quality, Hormel's performance is closely tied to trends in food consumption and retail dynamics.
Last quarter
In Q2 2026, Hormel reported an EPS of $0.40, beating estimates by 13.64%. The stock reacted positively, gaining 12.55% the following day.
EPS beat streak
4Q
EPS beat rate
50%
Avg EPS surprise
+1.11%
Avg 1-day reaction
-1.06%
Investors are cautiously optimistic about Hormel's upcoming earnings, especially after a strong performance last quarter. However, uncertainty remains due to the lack of specific guidance.
Bull case
If Hormel continues to show strong EPS growth and revenue increases, it could indicate robust demand for its products, leading to further stock gains.
Bear case
On the other hand, if the company fails to meet expectations or shows signs of declining market share, it could lead to a negative reaction from investors.
The print will turn on these.
Q1
What will be the EPS for Q3-2026?
EPS is a critical measure of profitability, and any significant deviation from expectations could impact investor sentiment.
Q2
How is Hormel's market share evolving in the packaged foods sector?
Market share trends can indicate competitive strength and consumer demand, which are vital for future growth.
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Est. EPS
—
Est. Rev
—
Impl. Move
±7.1%
Why consensus could be wrong
The Street may be underestimating the impact of rising consumer trends toward healthier packaged foods, which could benefit Hormel.
Supporting evidence
Hormel's recent product launches align with health trends, potentially driving sales beyond expectations.
The options market is pricing in a significant move, suggesting that traders anticipate a larger reaction than historical averages.
The company has a strong track record of beating EPS estimates, which could indicate continued resilience.
Key risk
If the company reports an EPS below $0.35, it could challenge the bullish narrative.
Pre-commit to what would confirm each case.
This quarter's performance will hinge on Hormel's ability to maintain profitability and market share amid changing consumer preferences.
Bull confirmed if
An EPS of $0.45 or higher would confirm strong demand and profitability.
Bear confirmed if
An EPS below $0.35 could signal declining profitability and market challenges.
What the market is pricing for the move.
Implied Move
±12.48%
Historical Avg
±5.6%
The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.
Options are pricing ±12.5% while HRL has averaged ±5.6% over the last 8 prints — setup is pricing rich.
ATM IV
0.3%
30d HV
41.6%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$201,000.00
10,000 sh
1 insider
Sold
$0.00
0 sh
0 insiders
Net
$201,000.00
Net buying
Most Active Insiders· 1 open-market trade
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Hormel beats expectations, history suggests a potential stock increase of around 1.83%, confirming strong demand.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors await clearer guidance.
Miss
A disappointing earnings report could lead to a decline of approximately 4.59%, reflecting investor concerns.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
1
0 buys·1 sell
Members
1
House only
Est. Notional
$1,001.00–$15,000.00
disclosed dollar ranges
Most Active Members
1 trade
The lines on the call that would change the story.
$201,000.00
Net buying
Recent Transactions
Oct 5, 2026 · @ $20.10
10,000 sh
$201,000.00
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
Net selling
Recent Transactions
Traded Aug 13, 2026 · disclosed Sep 1, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.