Why Is Hershey (HSY) Stock Soaring Today
Shares of chocolate company Hershey (NYSE:HSY) jumped 6.9% in the pre-market session after the company reported strong fourth-quarter results, which blew past analysts' gross margin and organic revenue estimates.
The Hershey Company (HSY) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of
Hershey: Q4 Earnings Snapshot
The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share. The chocolate bar and candy maker posted revenue of $2.89 billion in the period, also exceeding Street forecasts.
Hershey (HSY) Q4 Earnings and Revenues Beat Estimates
Hershey (HSY) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.38 per share. This compares to earnings of $2.02 per share a year ago. These figures are adjusted for non-recurring items.
Hershey Earnings Beat Forecasts, but High Cocoa Prices Sour Outlook
Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will hurt its financial performance this year. Chief Executive Michele Buck sai
Earnings call transcript: Hershey Co Q4 2024 beats EPS forecast, stock surges
Hershey Co (HSY) reported its fourth-quarter earnings for 2024, surpassing analysts' expectations with an earnings per share (EPS) of 2.69, compared to the forecasted 2.38. This beat, driven by inventory valuation benefits and strategic innovations,
Hershey’s (NYSE:HSY) Q4 Sales Top Estimates
Chocolate company Hershey (NYSE:HSY) reported in Q4 CY2024, with sales up 8.7% year on year to $2.89 billion. Its non-GAAP profit of $2.69 per share was 13.3% above analysts’ consensus estimates. Is now the time to buy Hershey?
HSY Q4 Earnings Top Estimates, Organic Sales Up on Favorable Pricing
Hershey's fourth-quarter 2024 results reflect strong consumer response to innovation, marketing initiatives and in-store ...
Hershey upgraded to Neutral from Sell at Citi
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
Spire Wealth Management Acquires 656 Shares of The Hershey Company (NYSE:HSY)
Spire Wealth Management boosted its holdings in shares of The Hershey Company (NYSE:HSY – Free Report) by 53.4% during the ...
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
Hershey's Stock Pops As Q4 Earnings Beat Expectations—But Cocoa Prices Loom Over 2025 Outlook
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
Hershey (NYSE:HSY) Shares Gap Up on Better-Than-Expected Earnings
The Hershey Company (NYSE:HSY – Get Free Report) shares gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously ...
Jefferies Reaffirms Their Sell Rating on The Hershey Company (HSY)
Jefferies analyst Robert Dickerson reiterated a Sell rating on The Hershey Company (HSY – Research Report) today and set a price target of ...
Hershey: A Falling Knife Or An Opportunity?
Despite concerns about Hershey's future prospects, the past says that every cocoa crisis has been overcome, leading to strong ...
Hershey shares jump on earnings beat, outlook weighed by cocoa cost
Investing.com - Shares in Hershey Co (NYSE:HSY) jumped about 5% in early trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant ...