HRL Stock Earnings Forecast 2022 | Utradea
HRL earnings are being released on June 2nd 2021, after market close.
HRL historically beats earnings 83.17% of the time, with an average beat on earnings of 6.72%.
Conversely, HRL historically misses earnings 16.83% of the time, with an average miss of 10.06%.
By taking a (83.17% for earnings beats, and 16.83% for earnings misses) of the average gains/losses we can arrive at an estimate of how much HRL will beat (or miss) their earnings by. HRL has a weighted average EPS beat of weighted average4 .59%, and a weighted average EPS miss of 1.69%. By adding these weighted averages together we arrive at an estimated earnings beat of 3.9%
Applying this to their earnings estimate we can expect HRL to beat their EPS estimate by 3.9% which would result in a reported EPS of $0.49 (versus their EPS estimate of $0.47)
Originally published at https://utradea.com.