Hershey Earnings: Your Sneak Peek to the Big Announcement
Hershey (NYSE:HSY) will report earnings before markets open on Thursday, July 25th. The Hershey Company manufactures chocolate and sugar confectionery products. The Company’s principal products include confectionery and snack products; gum and mint refreshment products; and food and beverage enhancers such as baking ingredients, toppings and beverages.
Here is your Cheat Sheet to Hershey Earnings:
Earnings Expectations: Analysts expect earnings of $0.71 per share on revenues of $1.51 billion. Currently, the company’s P/E ratio stands at 29.96.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.02 to a profit $1. For the current year, the average estimate is a profit of $3.65, which is the same as the estimate ninety days ago.
Here’s how Hershey has been performing on an annual basis:
|Revenue ($) in millions||5,133||5,299||5,671||6,081||6,644|
|Diluted EPS ($)||1.36||1.90||2.21||2.74||2.89|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||1,414.44||1,746.71||1,751.04||1,827.43|
|Diluted EPS ($)||0.59||0.77||0.66||1.06|
Hershey has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)