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Hershey: Q3 Earnings Snapshot
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HERSHEY, Pa. (AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported third-quarter earnings of $580.8 million.

On a per-share basis, the Hershey, Pennsylvania-based company said it had profit of $2.88. Earnings, adjusted for non-recurring gains, were $2.64 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.

The chocolate bar and candy maker posted revenue of $3.28 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $3.25 billion.

Hershey expects full-year earnings in the range of $8.58 to $8.74 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSY at https://www.zacks.com/ap/HSY

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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