Hershey Foods (HSY) Declares $0.901 Quarterly Dividend; 1.8% Yield

Go back to Hershey Foods (HSY) Declares $0.901 Quarterly Dividend; 1.8% Yield

Hershey (HSY) PT Raised to $215 at BMO Capital

February 4, 2022 6:49 AM EST

BMO Capital analyst Kenneth Zaslow raised the price target on Hershey (NYSE: HSY) to $215.00 (from $190.00) while maintaining an Outperform rating.

The analyst commented, "HSYs 4Q/2021 EPS of $1.69 exceeded consensus of $1.61 as broad-based strength in volume and price gains in North America confection, North... More

Hershey forecasts annual profit above estimates as price hikes take effect

February 3, 2022 6:48 AM EST

(Reuters) -Hershey Co forecast full-year profit above Wall Street expectations on Thursday, after the Kit Kat maker beat estimates for quarterly profit on strong holiday demand and higher prices for its chocolates and candies.

Packaged food makers are grappling with rising prices for commodities such as sugar, wheat and soy, as well as soaring shipping and labor expenses as supply chains were strained during the pandemic.

To counter... More

Hershey Foods (HSY) Tops Q4 EPS by 9c

February 3, 2022 6:48 AM EST

Hershey Foods (NYSE: HSY) reported Q4 EPS of $1.69, $0.09 better than the analyst estimate of $1.60. Revenue for the quarter came in at $2.33 billion versus the consensus estimate of $2.24 billion.

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

... More