Morgan Stanley on Hershey (HSY) Following Earnings: 'We expect a modest negative stock reaction'
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Go back to Morgan Stanley on Hershey (HSY) Following Earnings: 'We expect a modest negative stock reaction'
February 8, 2024 8:04 AM EST
DA Davidson analyst Brian Holland initiates coverage on Hershey (NYSE: HSY) with a Neutral rating and a price target of $205.00.
The analyst comments "HSY 4Q23 results bested our expectations, half from gross margin and half from taxes. The company's initial FY24 guide was... More
February 8, 2024 7:05 AM EST
Hershey Foods (NYSE: HSY) declared a quarterly dividend of $1.37 per share, or $5.48 annualized.
The dividend will be payable on March 15, 2024, to stockholders of record on February 20, 2024, with an ex-dividend date of February 16, 2024.
The annual yield on the dividend is 2.8 percent.
For... More
February 8, 2024 6:46 AM EST
Hershey Foods (NYSE: HSY) reported Q4 EPS of $2.02, $0.07 better than the analyst estimate of $1.95. Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.72 billion.
For earnings history and earnings-related data on Hershey Foods (HSY) click here.
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