Hershey Foods (HSY) Tops Q3 EPS by 11c, Offers FY Guidance
Get Alerts HSY Hot Sheet
Price: $195.29 +0.82%
Revenue Growth %: +4.0%
Financial Fact:
Common Stock: 0.56
Today's EPS Names:
SHIM, KOD, HEWA, More
Revenue Growth %: +4.0%
Financial Fact:
Common Stock: 0.56
Today's EPS Names:
SHIM, KOD, HEWA, More
Join SI Premium – FREE
Hershey Foods (NYSE: HSY) reported Q3 EPS of $2.10, $0.11 better than the analyst estimate of $1.99. Revenue for the quarter came in at $2.36 billion versus the consensus estimate of $2.3 billion.
2021 Full-Year Financial Outlook
The company is updating its 2021 net sales and earnings outlook:
- Full-year net sales growth is now expected to be in the range of 8% to 9%, an increase from the previously communicated range of 6% to 8%.
- The net impact of acquisitions and divestitures is anticipated to be a 0.7-point benefit.
- Full-year reported earnings per share are now expected to be in the range of $6.88 to $7.04, an increase of 13% to 15% from $6.11 in fiscal 2020, and an increase from the previously communicated range of 8% to 12%.
- Full-year adjusted earnings per share are now expected to be in the range of $6.98 to $7.11, an increase of 11% to 13% from $6.29 in fiscal 2020, and an increase from the previously communicated range of 8% to 10%.
For earnings history and earnings-related data on Hershey Foods (HSY) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Recruit Holdings Co., Ltd (6098:JP) (RCRUY) PT Raised to JPY7,800 at Jefferies, 'emerged stronger since the last earnings season'
- Celcuity (CELC) Tops Q4 EPS by 16c
- Kodiak Sciences Inc. (KOD) Misses Q4 EPS by 36c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!