Packaged foods company Hormel (NYSE: HRL) will be reporting results this Thursday morning. Here’s what you need to know.

Hormel Foods met analysts’ revenue expectations last quarter, reporting revenues of $2.90 billion, flat year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EBITDA estimates but full-year revenue guidance meeting analysts’ expectations.

Is Hormel Foods a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Hormel Foods’s revenue to grow 2.9% year on year to $2.98 billion, a reversal from the 2.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.41 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hormel Foods has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Hormel Foods’s peers in the shelf-stable food segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Hershey delivered year-on-year revenue growth of 26%, beating analysts’ expectations by 3.1%, and J&J Snack Foods reported revenues up 3.3%, topping estimates by 2%. Hershey’s stock price was unchanged after the resultswhile J&J Snack Foods was down 3.4%.

Read our full analysis of Hershey’s results here and J&J Snack Foods’s results here.

Investors in the shelf-stable food segment have had steady hands going into earnings, with share prices flat over the last month. Hormel Foods is up 1.1% during the same time and is heading into earnings with an average analyst price target of $33 (compared to the current share price of $28.85).

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