The Hershey Company (HSY - Free Report) 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 south by 0.2% in the last 60 days. Nevertheless, HSY has an impressive earnings surprise history. The company has posted positive earnings surprise three of the past four quarters, with an average positive surprise of 6.2%.
Currently, HSY has a Zacks Rank #4 (Sell), but that could change following Hershey’s earnings report which was just released.
Earnings: HSY reported EPS of $1.41, in line with the Zacks Consensus Estimate.
Revenues: HSY reported revenues of $1.97 billion. This surpassed the Zacks Consensus Estimate of $1.94 billion.
Hershey Company (The) Price and EPS Surprise
Hershey Company (The) Price and EPS Surprise | Hershey Company (The) Quote
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