Hershey Co. Q2 adjusted earnings Beat Estimates

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(RTTNews.com) - Hershey Co. ( HSY ) reported earnings for its second quarter that increased from the same period last year.

The company's bottom line came in at $226.86 million, or $1.01 per share. This compares with $203.502 million, or $0.89 per share, in last year's second quarter.

Excluding items, Hershey Co. reported adjusted earnings of $240.57 million or $1.14 per share for the period.

Analysts had expected the company to earn $1.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.4% to $1.75 billion from $1.66 billion last year.

Hershey Co. earnings at a glance:

-Earnings (Q2): $240.57 Mln. vs. $230.46 Mln. last year.
-EPS (Q2): $1.14 vs. $1.08 last year.
-Analysts Estimate: $1.10
-Revenue (Q2): $1.75 Bln vs. $1.66 Bln last year.


Full year EPS guidance: $5.33 - $5.43

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This article appears in: Fundamental Analysis , World Markets , Stocks , Commodities , Earnings
Referenced Symbols: HSY ,

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