The Hershey Company 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 south by 0.4% in the last 30 days. Nevertheless, 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 9%.
Currently, HSY has a Zacks Rank #3 (Hold), 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 reported EPS of $1.03 per share missing the Zacks Consensus Estimate of $1.06 per share.
Revenues: HSY reported revenues of $1.94 billion. This missed the Zacks Consensus Estimate of $1.97 billion.
Hershey Company (The) Price and EPS Surprise
Check back later for our full write up on this HSY earnings report later!
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