The Hershey Company (NYSE:HSY) is one of the largest chocolate manufacturers in North America marketing some of the world’s leading brands like Hershey’s, Reese’s and Kisses which enjoy widespread consumer acceptance.
Investors should note that earnings estimate for the current year has moved north by 0.2% in the last 30 days. HSY has an impressive earnings surprise history. The company has posted positive earnings surprise in all the past four quarters, with an average positive surprise of 10.35%.
Currently, HSY has a Zacks Rank #2 (Buy), but that could change following Hershey’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: HSY beats on earnings. The Zacks Consensus Estimate called for EPS of $1.28, and the company reported EPS of $1.33 instead.
Revenues: HSY reported revenues of $2.03 billion. This surpassed the Zacks Consensus Estimate of $2 billion.
Check back later for our full write up on this HSY earnings report later!
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Hershey Company (The) (HSY): Free Stock Analysis Report
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