Focus Stocks
Earnings Preview: Hershey
Published on Tuesday, 31 January 2012 10:44 Written by Gerard Lerod
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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- UPDATE: Jefferies Raises PT to $67 on The Hershey Company; EPS Defies Sector Trends - Benzinga
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