Hormel Foods Corp. (HRL - Get Report) is expected to report quarterly earnings of 45 cents a share on sales of $2.4 billion after the market closes on Thursday, based on a FactSet survey of 12 analysts.
In the same period a year ago, the company posted earnings of 44 cents a share on sales of $2.3 billion.
The stock has fallen 5.2% since the company last reported earnings on Feb. 21.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Hormel Foods is currently trading at a price-to-forward-earnings ratio of 21.7 based on the 12-month estimates of 12 analysts surveyed by FactSet.
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