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Barchart
Kritika Sarmah

Earnings Preview: What to Expect From Hershey’s Report

Hershey HSY

Valued at a market cap of $33.7 billion, The Hershey Company (HSY) is a leading U.S. confectionery and snack food manufacturer best known for iconic brands like Hershey’s, Reese’s, and Kit Kat (U.S. license). The Pennsylvania-headquartered company is projected to release its Q1 earnings before the market opens on Thursday, May 1.

Ahead of the event, analysts expect Hershey to report a profit of $1.93 per share, down 37.1% from $3.07 per share reported in the year-ago quarter. The company has surpassed Wall Street’s adjusted EPS projections in two of the past four quarters while missing on two other occasions.

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