– The Hershey Company (NYSE: HSY) reported a 4% rise in third-quarter adjusted earnings to $1.61 per share, vs. $1.6 per share expected
— Unadjusted profit rose to $325.3 million or $1.54 per share from $263.7 million or $1.25 per share in the year-ago quarter
— Consolidated net sales increased 2.6% to $2.13 billion, vs. $2.12 billion expected
— Full-year 2019 reported net sales expected to increase around 2.5%, up from the earlier guidance of around 2%
— Full-year reported earnings per share expected to be in the $5.54 to $5.66 range – between a year-over-year decline of 1% and an increase of 1%
— Full-year adjusted earnings per share expected to be in the $5.68 to $5.74 range, an increase of 6% to 7%
Most Popular
Does Unity Software (U) stock has more room to run?
Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a
PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant
PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the
Does the virus-driven boom make Electronic Arts (EA) a good investment?
With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,
