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Hormel Foods Corp (NYSE:HRL)
Non-Recurring Items
$21 Mil (TTM As of Apr. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Hormel Foods Corp's non-recurring items for the three months ended in Apr. 2014 was $0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Apr. 2014 was $21 Mil.

As of today, Hormel Foods Corp's share price is $45.26. Hormel Foods Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Apr. 2014 was $2.09. Therefore, Hormel Foods Corp's P/E (NRI) ratio for today is 21.66.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Hormel Foods Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Apr. 2014 was 0 (Jul. 2013 ) + 20.513 (Oct. 2013 ) + 0 (Jan. 2014 ) + 0 (Apr. 2014 ) = $21 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Hormel Foods Corp's P/E (NRI) Ratio for today is calculated as

Hormel Foods Corp's Share Price of today is $45.26.
Hormel Foods Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Apr. 2014 was 0.42 (Jul. 2013 ) + 0.58 (Oct. 2013 ) + 0.57 (Jan. 2014 ) + 0.52 (Apr. 2014 ) = $2.09.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hormel Foods Corp Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Non Operating Income 25653-2820003921

Hormel Foods Corp Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
Non Operating Income 000390002100
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