Hershey Foods (HSY) Tops Q4 EPS by 25c; Guides Higher

Hershey Foods (NYSE: HSY) reported Q4 EPS of $2.02, $0.25 better than the analyst estimate of $1.77. Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.58 billion.

GUIDANCE:

Hershey Foods sees FY2023 EPS of $9.29-$9.46, versus the consensus of $8.94. The company expects net sales growth of 6% to 8% driven primarily by net price realization as consumer demand remains steady behind higher advertising levels and increased capacity.

For earnings history and earnings-related data on Hershey Foods (HSY) click here.

You May Also Be Interested In

• DocGo (DCGO) Misses Q2 EPS by 6c; Offers Guidance
• INVO Fertility (IVF) Tops Q2 EPS by 105c
• BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown