Why Is Hershey (HSY) Stock Soaring Today
Shares of chocolate company Hershey (NYSE:HSY) jumped 6.9% in the pre-market session after the company reported strong fourth-quarter results, which blew past analysts' gross margin and organic revenue estimates.
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost of cocoa.The company also cut selling, marketing, and administrative expenses.
The Hershey Company (HSY) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of
Hershey’s (NYSE:HSY) Q4 Sales Top Estimates
Chocolate company Hershey (NYSE:HSY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 8.7% year on year to $2.89 billion. Its non-GAAP profit of $2.69 per share was 13.
Hershey: Q4 Earnings Snapshot
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.
Hershey (HSY) Q4 Earnings and Revenues Beat Estimates
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. These figures are adjusted for non-recurring items.
Earnings call transcript: Hershey Co Q4 2024 beats EPS forecast, stock surges
Hershey Co (HSY) reported its fourth-quarter earnings for 2024, surpassing analysts' expectations with an earnings per share (EPS) of 2.69, compared to the forecasted 2.38. This beat, driven by inventory valuation benefits and strategic innovations,
Hershey's Stock Pops As Q4 Earnings Beat Expectations—But Cocoa Prices Loom Over 2025 Outlook
Hershey's Q4 earnings beat expectations, driven by strong sales growth, but rising cocoa prices pose challenges for its 2025 ...
Why Hershey Stock Went Up Today
Shares of candy and snack company Hershey (NYSE: HSY) went up on Thursday after the company reported financial results for the fourth quarter of 2024. As of 2:30 p.m. ET, Hershey stock was up about 5% ...
Jefferies Reaffirms Their Sell Rating on The Hershey Company (HSY)
Jefferies analyst Robert Dickerson reiterated a Sell rating on The Hershey Company (HSY – Research Report) today and set a price target of ...
Hershey shares jump on earnings beat, outlook weighed by cocoa cost
Investing.com - Shares in Hershey Co (NYSE:HSY) jumped about 5% in early trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant ...
Hershey anticipates balanced growth in 2026 with strategic pricing and innovation
Q4 2024 Management View CEO Michele Buck emphasized the company’s focus on achieving balanced top-and-bottom-line growth in 2026 despite elevated cocoa prices. She highlighted the use of multiple ...
Barclays Reaffirms Their Hold Rating on The Hershey Company (HSY)
In a report released today, Andrew Lazar from Barclays maintained a Hold rating on The Hershey Company (HSY – Research Report), with a price ...
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Hershey Co (HSY) Stock Dilemma: A Drop That Has Everyone Talking—What’s the Real Story?
Hershey Co (HSY) stock saw a decline, ending the day at $144.74 which represents a decrease of $-3.05 or -2.06% from the prior close of $147.79. The stock opened at $147.53 and touched a low of ...
Hershey's hedging strategies sweetens Q4 bottom-line
Hershey's employs offsetting strategies to combat rising cocoa prices, delivering strong Q4 results with a surge in net income and earnings per share.