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Hershey (HSY) Q1 Earnings In Line, Revenues Beat Estimates
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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%.
Check back later for our full write up on this HSY earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Hershey (HSY) Q1 Earnings In Line, Revenues Beat Estimates
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. 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 $1.41, 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
Check back later for our full write up on this HSY earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>