Hershey's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Hershey (NYSE:HSY) is set to release its latest quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $1.91. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to an immediate increase in share price. Shares of Hershey were trading at $244.0 as of July 25, with an 8.03% increase over the last 52-week period.
July 26, 2023 | 4:02 pm
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NEUTRAL IMPACT
Hershey's upcoming earnings report could impact its stock price. Despite consistently beating EPS estimates, the immediate effect on the share price has been mixed. The stock has seen an overall increase of 8.03% over the past year.
Hershey's earnings report is a key event that could influence its stock price. While the company has a history of beating EPS estimates, this has not consistently resulted in an immediate increase in share price. However, the stock has shown a positive trend over the past year, which could indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100