Hershey: Q4 Earnings Snapshot

Associated Press Finance

02-06

HERSHEY, Pa. (AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported fourth-quarter net income of $796.6 million.

The Hershey, Pennsylvania-based company said it had profit of $3.92 per share. Earnings, adjusted for one-time gains and costs, were $2.69 per share.

The results exceeded Wall Street expectations. 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. Six analysts surveyed by Zacks expected $2.85 billion.

Hershey expects full-year earnings in the range of $6 to $6.18 per share.

_____

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

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(AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported fourth-quarter net income of $796.6 million.</p>\n<p>The Hershey, Pennsylvania-based company said it had profit of $3.92 per share. Earnings, adjusted for one-time gains and costs, were $2.69 per share.</p>\n<p>The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share.</p>\n<p>The chocolate bar and candy maker posted revenue of $2.89 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.85 billion.</p>\n<p>Hershey expects full-year earnings in the range of $6 to $6.18 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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Earnings, adjusted for one-time gains and costs, were $2.69 per share.The results exceeded Wall Street expectations. 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. Six analysts surveyed by Zacks expected $2.85 billion.Hershey expects full-year earnings in the range of $6 to $6.18 per share.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HSY":"好时"},"translate_title":"好时：第四季度收益快照","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSY":1},"content_text":"HERSHEY, Pa. (AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported fourth-quarter net income of $796.6 million.\nThe Hershey, Pennsylvania-based company said it had profit of $3.92 per share. Earnings, adjusted for one-time gains and costs, were $2.69 per share.\nThe results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share.\nThe chocolate bar and candy maker posted revenue of $2.89 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.85 billion.\nHershey expects full-year earnings in the range of $6 to $6.18 per share.\n_____\nThis 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","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}