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Earnings Preview: Hershey

hsy New York, January 31st (TradersHuddle.com) - Shares of Hershey Company (NYSE:HSY) are trading higher by +0.62% ahead of its quarterly earnings release. Hershey, the chocolate maker is expected to release its quarterly results on January 1st.

Wall Street Analysts consensus calls for a profit of $0.7 a share on $1.56 billion revenue.

Hershey estimates have a range of $0.04 a share. The high estimate calls for profit of $0.72 a share and the low estimate is calling for a profit of $0.68 a share, a year ago for the quarter the company reported $0.61 a share.

Hershey Company (NYSE:HSY) manufactures chocolate and sugar confectionery products. The Company's principal products include confectionery and snack products; gum and mint refreshment products; and food and beverage enhancers such as baking ingredients, toppings and beverages.

Other companies on the watch on this earnings event are Kraft Foods Inc. NYSE:KFT and General Mills, Inc. NYSE:GIS.



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