Having exceeded expectations last quarter by 15 cents per share, Hershey (NYSE:HSY) is scheduled to report again on Thursday.
Analysts currently expect Hershey to come in with earnings of 61 cents per share on revenues of $1.42 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 63 cents.
The biggest recent change for the stock came on June 29, 2012, when it rose $2.26 per share to $72.03. Looking at change over the last three months, from April 25, 2012 and July 20, 2012, the stock price is up $4.66 (7%), from $66.60 to $71.26.
Company Fundamental Trends
Analysts think investors should stand pat on Hershey with 10 of 14 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 24.1% to $198.7 million (87 cents a share) from $160.1 million (70 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.7% to $1.73 billion from $1.56 billion.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 61 cents
Revenue Estimate: $1.42 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)