Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 …

Nov 7, 2024 · Its non-GAAP profit of $2.34 per share was also 8.3% below analysts’ consensus estimates. Chocolate company Hershey (NYSE:HSY) missed Wall Street’s revenue …

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Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 …

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Nov 7, 2024 · Its non-GAAP profit of $2.34 per share was also 8.3% below analysts’ consensus estimates. Chocolate company Hershey (NYSE:HSY) missed Wall Street’s revenue …

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Bear Of The Day: Hershey (HSY) - Yahoo Finance

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Nov 8, 2024 · Hershey’s Dismal Q3 Results Attributed to what it called a challenging consumer environment, Hershey’s Q3 sales of $2.98 billion dipped 1% from the comparative period and …

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Hershey's Q3 Earnings Sour As Sales Dip And Outlook Darkens; …

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Nov 7, 2024 · Hershey's Q3 earnings missed expectations, with sales down 1.4% and a 460 basis point drop in adjusted gross margin. Hershey cuts FY24 earnings forecast to $9.00-$9.10 per …

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Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 …

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Nov 7, 2024 · Chocolate company Hershey (NYSE:HSY) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 1.4% year on year to $2.99 billion. Its non-GAAP …

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Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 …

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Nov 7, 2024 · Chocolate company Hershey (NYSE:HSY) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 1.4% year on year to $2.99 billion. Its non-GAAP …

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Hershey (HSY) Reports Q3: Everything You Need To Know Ahead …

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Nov 6, 2024 · This quarter, analysts are expecting Hershey’s revenue to grow 1.4% year on year to $3.07 billion, slowing from the 11.1% increase it recorded in the same quarter last year. Adjusted earnings ...

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Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 …

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Nov 7, 2024 · Hershey (HSY) Q3 CY2024 Highlights: Revenue: $2.99 billion vs analyst estimates of $3.07 billion (2.8% miss) Adjusted EPS: $2.34 vs analyst expectations of $2.55 (8.3% miss) …

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The average Sales Business Analyst salary in Newark, New Jersey is $84,370 as of May 28, 2024, but the salary range typically falls between $74,898 and $95,645.

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FAQs about Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 … Coupon?

What is included in the Hershey Company earnings report?

This report includes our current proxy statement. The Hershey Company announces earnings results each quarter. The earnings release, transcript of recorded remarks and Q&A and the quarterly filing are provided. View our annual reports on lobbying and advocacy expenditures. ...

How much did Hershey make in a quarter?

The firm earned $2.07 billion during the quarter, compared to analysts' expectations of $2.30 billion. Its revenue was down 16.7% on a year-over-year basis. Hershey has generated $10.09 earnings per share over the last year ($10.09 diluted earnings per share) and currently has a price-to-earnings ratio of 19.7. ...

Does Hershey's stock have a strong sell rating?

Leading to the strong sell rating for Hershey’s stock, EPS estimates for fiscal 2024 and FY25 have continued to decline over the last 90 days. Unfortunately, the trend of declining earnings estimate revisions will likely continue as Hershey’s full-year FY24 EPS guidance of $9.00-$9.10 came in below the current Zacks Consensus of $9.39 per share. ...

Is Hershey's hsystock a downside risk?

Reporting lackluster third quarter results on Thursday, there could be more downside risk ahead for Hershey’s HSYstock. To that point, the iconic chocolate manufacturer had already seen a decline in its earnings estimate revisions with HSY landing a Zacks Rank #5 (Strong Sell) and the Bear of the Day. ...

Why did Hershey stock drop to underperform?

The Hershey Co.'s stock was dropped to underperform by Jefferies analysts, who called chocolate “amongst the most concerning” segments of the snack sector in a note Thursday. The Hershey Company faces cyclical commodity headwinds but remains a sweet long-term dividend payer. ...

Does Hershey pay dividends?

Dividend: The company announced quarterly dividends of $1.370 on the common stock and $1.245 on the Class B common stock. The dividends were declared November 6 and are payable December 16. Outlook: Hershey cuts FY24 adjusted earnings per share view to $9.00 – $9.10 versus $9.40 estimate (from $9.49 – $9.59). ...