Hormel Foods (NYSE: HRL) reported earnings on Nov. 20. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Oct. 28 (Q4), Hormel Foods missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share increased.

Margins grew across the board.

Revenue details
Hormel Foods logged revenue of $2.17 billion. The eight analysts polled by S&P Capital IQ expected revenue of $2.23 billion on the same basis. GAAP reported sales were 3.2% higher than the prior-year quarter's $2.10 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.49. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.49 per share. GAAP EPS of $0.49 for Q4 were 14% higher than the prior-year quarter's $0.43 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 16.2%, 20 basis points better than the prior-year quarter. Operating margin was 8.9%, 40 basis points better than the prior-year quarter. Net margin was 6.1%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.14 billion. On the bottom line, the average EPS estimate is $0.50.

Next year's average estimate for revenue is $8.68 billion. The average EPS estimate is $1.94.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 280 members out of 295 rating the stock outperform, and 15 members rating it underperform. Among 99 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 94 give Hormel Foods a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hormel Foods is hold, with an average price target of $29.63.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.