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Spam Maker Hormel Foods Expected to Earn 45 Cents a Share

Tom Bemis

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. 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.