Shares of The Hershey Co. (HSY) advanced 5% Thursday when the chocolate maker reported better-than-anticipated results as price hikes helped offset the rising cost of cocoa.
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.
The Hershey Company (HSY 0.81%), a leading North American confectionery and snack company, released its fourth-quarter 2024 earnings on February 6, 2025.
Hershey's stock continues to decline, recently dropping below $170, with some predicting a new bottom around $117, reminiscent of the COVID-bottom. We try to understand the larger picture and assess whether Hershey presents an opportunity or a dangerous falling knife. Despite concerns about its future prospects, the past tells us that every cocoa crisis has been overcome, leading to strong rebounds in chocolate demand.
The cheap stocks of these game-day advertisers look like good long-term investments. 00:00 Introduction 00:46 Anheuser-Busch InBev BUD 01:27 Mondelez MDLZ 01:58 Hershey HSY What's next is now at the Morningstar Investment Conference.
HSY's Q4 results are likely to reflect gains from pricing and brand strength amid cost inflation and a tough consumer landscape.
Beyond analysts' top -and-bottom-line estimates for Hershey (HSY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic.
In the latest trading session, Hershey (HSY) closed at $149.25, marking a -1.9% move from the previous day.
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
Hershey (HSY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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